Question: 5. Chapter MC, Section 11. Problem 078 Simms Corp. is considering a project that has the following cash flow data. What is the project's IRR?

5. Chapter MC, Section 11. Problem 078 Simms Corp. 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 or negative, in both cases it will be rejected. Year Cash flows Oa. 12.58% 0 -$1,025 1 $425 2 $425 $425 Ob. 11.76% Oc. 10.82% Od. 9.64% Oe. 11.29%
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