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 0,1,2,3

cash flow :-$1,125,$425,$425,$425

a)5.81%

b)4.96%

c)7.12%

d)6.53%

e)6.14%