Maxwell Feed & Seed 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 (and even negative), in which case it will be rejected.  Year 0     1     2     3     4     5     Cash flows -$6,750 $2,000 $2,025 $2,050 $2,075 $2,100

A. 15.45%
B. 17.17%
C. 13.74%
D. 15.61%
E. 12.96%


Answer: D

Business

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