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.

$\backslash$table$[[$Year$,0,1,2,3,4,5]]$

Cash flows $-$$$1,250$$$325$$$325$$$325$$$325$$$325$

$10\mathrm{.}94\%$

$9\mathrm{.}43\%$

$7\mathrm{.}08\%$

$9\mathrm{.}72\%$

$8\mathrm{.}68\%$