Question: Simms Corp. is considering a project that has the following cash flow data. What is the projects IRR? Note that a projects projected IRR can
Simms Corp. is considering a project that has the following cash flow data. What is the projects IRR? Note that a projects projected IRR can be less than the WACC or negative, in both cases it will be rejected. Year 0 1 2 3 Cash flows $1,000 $425 $425 $425
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