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Pet World 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

Pet World 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 (and even negative), in which case it will be rejected (IN EXCEL WITH FORMULA)

Year

0

1

2

3

4

5

Cash flows

$9,500

$2,000

$2,025

$2,050

$2,075

$2,100

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