Question: QUESTION 10 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

QUESTION 10

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

0

1

2

3

Cash flows

-$1,375

$425

$425

$425

a.

3.83%

b.

3.61%

c.

3.68%

d.

3.20%

e.

2.84%

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