Question: Simms Corp. is considering a project that has the following cash flow data. What is the project's IRR? If the firm's WACC is 12%, should
Simms Corp. is considering a project that has the following cash flow data. What is the project's IRR? If the firm's WACC is 12%, should the firm accept or reject the project?
| Year | 0 | 1 | 2 | 3 |
| Cash flows | -$1,025 | $125 | $325 | $850 |
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