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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 -$1,050 $450 $470 $490
a. 15.58%
b. 16.07%
c. 12.69%
d. 13.98%
e. 18.15%

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