. Hart Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital or negative, in both cases it will be rejected. Year 0 1 2 3 Cash flows $1,000 $425 $425 $425

Please show your work! I am not simply interested in the answer, but how it was calculated. If using Excel, please show answer and formula. Thank you!