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

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. Year 0 1 2 3 Cash flows $1,375 $425 $425 $425 O a.-3.83% O b.-3.68% O C. -2.84% O d.-3.20% O e.-3.61%

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