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3 Question 19 of 21 Warr Company is considering a project that has the following cash flow data. What is the project's IRR? Note

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3 Question 19 of 21 Warr Company is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's projected IRR can be less than the WACC or negative, in both cases it will be rejected. Year 0 1 2 3 4 Cash flows -$1540 $400 $400 $400 $400 O a. 4.13% Ob. 3.58% c. 1.22% O d. 0.99% Oe. 1.547%

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