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. Year Cash Flow 22.31% O 18.26% O 19.54% O 14.44% 15.90% 0 $-750 1 $290 2 $300 3 $310 4 $320

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. 22.31% 18.26% 19.54% 14.44% 15.90%