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Burg 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

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Burg 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 Cash flows 0 -$1,420 1 $400 2 5400 3 $400 4 $400 a. 4 95% b.5.20% O c. 3.96% O d. 4 21% De 5.99% V

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