Question: Simkins Renovations Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's projected IRR

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? Note that a project's projected IRR can be less than the WACC (and even negative), in which case it will be rejected. a. 82.40% b. 29.94% c. 16.21% d. 69.18W e. 20.60%

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