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Kiley Electronics 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

Kiley Electronics 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 WACC (and even negative), in which case it will be rejected. Year 0 1 2 3 Cash flows -$1,100 $450 $470 $490

Question 7 options:

10.78%

9.70%

11.98%

13.31%

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