Question: Simonns Systems is considering a project that has the following cash flow data. What is the project's IRR? Would the company accept or reject the
Simonns Systems is considering a project that has the following cash flow data. What is the project's IRR? Would the company accept or reject the project based on the IRR if its required rate of return is 7.5 percent?
| Year | 0 | 1 | 2 | 3 |
| Cash Flows | -$1,750 | $650 | $650 | $650 |
Year 0 1 2 3 Cash flows -$1,750 $650 $650 $650
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