Simkins Renovations Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's projected IRR ca n be less than the WACC (and even negative), in which case it will be rejected. Year 0 1 2 3 4 Cash flows -S600 $300 $290 $280 $270 a 31.48% b. 36.35% c. 26.61% d. 34.08% e. 32.45%