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 $0123$

Cash flows $-$$$875$ $$340$ $$340$ $$340$

a$.5\mathrm{.}24\%$

b$.16\mathrm{.}57\%$

c$.8\mathrm{.}08\%$

d$.17\mathrm{.}59\%$

e$.5\mathrm{.}52\%$