Simms Corp. 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 or negative, in both cases it will be rejected. Year Cash flows 1,025 $425 $425 $425 ? 9.64% O 10.82% O 12.58% O 11.29% ? 11.76%