1. Chapter MC, Section 11, Problem 090 Simkins Renovations 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 (and even negative), in which case it will be rejected. 0 -$625 1 $300 2 $290 $280 5270 Year Cash flows Ca. 16.21% Ob. 20.60% Oc. 69.18% Od. 82.40% Barry Company is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that a project's projected NPV can be negative, in which case it will be rejected. 5 WACC 11.50% Year 0 Cash flows -$900 Oa. -$58.62 Ob. $289.00 1 $310 2 $300 3 5290 $280 $270 Oc. $400.45 Od. $166.37 Oe. $149.21