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Datta Computer Systems is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's projected IRR

Datta Computer Systems 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 (and even negative), in which case it will be rejected.

Year

0

1

2

3

Cash flows

-$1,100

$450

$470

$490

Group of answer choices

13.31%

9.98%

11.98%

12.91%

14.11%

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