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The FIN340 Company has a WACC of 10% and is evaluating a project with the following projected annual cash flows: (Year 0 (Start of Project):

"The FIN340 Company has a WACC of 10% and is evaluating a project with the following projected annual cash flows: (Year 0 (Start of Project): $-24,780, Year 1: $6,700, Year 2: 9,280, Year 3: $8,500, Year 4: $13,810 - Calculate the Internal Rate of Return (IRR) for this project."
O 1.55%
O 54.52%
O 12.94%
O 10.90%
O 17.74%

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