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What is the IRR of Project A, which has the following cash flows (no financial calculator is needed to answer this question): Ct=0 Ct=1 Ct=2

What is the IRR of Project A, which has the following cash flows (no financial calculator is needed to answer this question): Ct=0 Ct=1 Ct=2 Ct=3 Ct=4 Ct=5 Ct=6 Ct=7 -$1,000 $130 $130 $130 $130 $130 $130 $1,130 a) 0% b) 13% c) 4% d) This project has multiple IRRs e) This project has no IRR

Please use equations to explain instead of excel

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