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Warrington Inc. considers a new project that has the following cash flow data. What is the project's IRR? Year 0 1 2 3 4 Cash

Warrington Inc. considers a new project that has the following cash flow data. What is the project's IRR?

Year

0

1

2

3

4

Cash flows

-$1,575

$400

$400

$400

$400

1.

0.62%

2.

0.51%

3.

0.53%

4.

0.61%

5.

0.63%

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