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Billy Bob's Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can

Billy Bob's Inc. 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

4

5

Cash flows

$1,250

$325

$325

$325

$325

$325

Group of answer choices

9.43%

9.91%

10.92%

11.47%

10.40%

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