Simkins Renovations Inc. 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 (and even negative), in which case it will be rejected. Year 0 1 2 3 4 Cash flows -$625 $300 $290 $280 $270 a. 29,04% b. 32.63% c. 29.94% d. 30.83% e. 2455 Check My Work (1 remaining) Jazz World Inc. is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that a project's projected NPV can be negative, in which case it will be rejected. 1 3 4 WACC: 9.75% Year 0 Cash flows -$1,200 O 3.-3157.34 b. 174.00 2 $425 $400 $450 $475 C. $198.07 d. -$222.13 e. -$185.11