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Warr Co. is considering a project that has the following cash flow data. What is the project's internal rate of return (IRR)? Note that a

Warr Co. is considering a project that has the following cash flow data. What is the project's internal rate of return (IRR)? Note that a project's projected IRR can be less than the weighted average cost of capital (WACC) or negative; in both cases, it will be rejected.

Year

0

1

2

3

4

Cash flows

$1,050

$400

$400

$400

$400

Group of answer choices

14.05%

15.61%

17.34%

19.27%

21.20%

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