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4. 5. 6. 7. 8. 9. 10. Question Workspace Hart Corp. is considering a project that has the following cash flow data. What is the

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Question Workspace

Hart Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital or negative, in both cases it will be rejected.

Year 0 1 2 3
Cash flows $1,000 $425 $425 $425
a. 14.56%
b. 12.55%
c. 13.21%
d. 15.29%
e. 13.87%

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