Question: Simms 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
Simms 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. o O 0 O Year Cash flows $1,025 $425 $425 $425 a. 11.76% b. 10.82% c. 12.58% d. 11.29% e. 9.649 O
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