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Simms Corp. 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

Simms Corp. 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 or negative, in both cases it will be rejected.

Year	0	1	2	3
Cash flows	-$1,400	$425	$425	$425

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