Q13. Chapter 9-12

13. Datta Computer Systems 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 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

Group of answer choices

*9.98%

*11.98%

*12.91%

*14.11%

*13.31%