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Thorley Inc. is considering a project that has the following cash flow data. What is the project's IRR? Year 0 1 2 3 4 5

Thorley Inc. is considering a project that has the following cash flow data. What is the project's IRR?

Year 0 1 2 3 4 5

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

a. 9.43%

b. 9.91%

c. 10.40%

d. 10.92%

e. 11.47%

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