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 Cash flows a. 2.16% b. 1.90% c. 2.44% d. 2.18% e. 1.64% 0 $1,525 1 $325 2 $325 3 $325 4 $325 5 $325

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. a. 2.16% b. 1.90% c. 2.44% d. 2.18% e. 1.64%