Question: Question # 14 Simmon's Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's

Question # 14

Simmon's 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	-$1,175	$510	$510	$510

a. 9.20%

b. 10.07%

c. 14.46%

d. 30.21%

e. 33.95%

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