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Frye Foods 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

Frye Foods 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 negative, in which case it will be rejected. Year: 0 1 2 3 4 5 Cash flows: $1,000 $325 $325 $325 $325 $325

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18.72%

19.65%

20.64%

21.67%

22.75%

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