Thorley Inc. 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 4 5 Cash flows -$1,250 $325 $325 $325 $325 $325 a. 10.92% b. 9.43% c. 9.91% d. 11.47% e. 10.40%