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Pet World is considering a project that has the an investment 9,500 and a 5-year cash flow stream of $2,000, $2,100, $2,200, 2,400, and 2,300

Pet World is considering a project that has the an investment 9,500 and a 5-year cash flow stream of $2,000, $2,100, $2,200, 2,400, and 2,300 respectively. The WACC is 8%. What is the project's IRR?

8.00%

4.95%

3.05%

6.12%

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