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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

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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 Cash flows $625 $300 $290 $280 S270 a. 24.55% Ob, 29 04% c. 30.83% O d. 32.63% e. 29.94%

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