Question: Simms Corp is considering a project that has the following cash flow data. What is the project's internal rate of return (IRR)? Note that a

Simms Corp is considering a project that has the following cash flow data. What is the project's internal rate of return (IRR)? Note that a project's projected IRR can be less than the weighted average cost of capital (WACC) or negative, in both cases it will be rejected. Year 0 1 2 3

Cash flows -$1,100 $435 $415 $445

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