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 $,-$$$1,125,$$$425,$$$425,$$$425$

$4\mathrm{.}96\%$

$5\mathrm{.}81\%$

$7\mathrm{.}12\%$

$6\mathrm{.}14\%$

$6\mathrm{.}53\%$