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.

$2\mathrm{.}18\%$

$2\mathrm{.}16\%$

$2\mathrm{.}44\%$

$1\mathrm{.}64\%$

$1\mathrm{.}90\%$