Question: IRR 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

IRR 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. $500 $1,000 Cash flows $300 $400
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