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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 -$1,175 $450 $470 $490

Group of answer choices

7.93%

8.31%

9.46%

9.94%

9.55%

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