Question 9 Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR? Should the project be accepted if the discount rate is 10%

Question Options:

	9.70%, no since IRR
	10.78%, yes since IRR is positive
	11.98%, no since IRR >10%
	13.31%, yes since IRR > 10%

Year 0 1 2 Cash flows -$1,100 S450 $470 S490