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 can be less than the WACC $($and even negative$),$ in which case it will be rejected.

Year $0,1,2,3,4$

Cash flows $-$$$825$$$300$$$290$$$280$$$270$

$13\mathrm{.}59\%$

$17\mathrm{.}24\%$

$11\mathrm{.}40\%$

$15\mathrm{.}20\%$

$14\mathrm{.}61\%$