Question: O 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
O 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. O Year 2 3 Cash flows -$1,025 $425 $425 $425 a. 24.39% Ob. 8.13 % c. 26.73% d. 7.55% e. 11.76 % O
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