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A firm is considering a 4-year project. The cash flows for the project are shown below: YEAR 1 2 31 Cash flow -$1,000 $350 $300

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A firm is considering a 4-year project. The cash flows for the project are shown below: YEAR 1 2 31 Cash flow -$1,000 $350 $300 $250 $200 The cost of capital for the firm is 10%. What is the IRR for this proposed project? 15.94% 7.41% 8.81% 10.00% 4.33%

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