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22. Simms Corp. is considering a project that has the following cash flow data. What is the project's IRR? Cash flows a. 8.82% b.

22. Simms Corp. is considering a project that has the following cash flow data. What is the project's IRR? Cash flows a. 8.82% b. 10.47% c. 13.17% d. 11.41% e. 11.76% 0 -$1,025 1 2 3 $425 $425 $425

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