Question: Simkins Renovations Inc. is considering a project that has the following cash flow data. What is the project's IRR? Year 0 1 2 3 4

Simkins Renovations Inc. is considering a project that has the following

Simkins Renovations Inc. is considering a project that has the following cash flow data. What is the project's IRR? Year 0 1 2 3 4 Cash flows -$775 $300 $290 $280 $270 14.43% 18.52% 19.77% 17.81% 16.56%

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