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	-$925	$410	$410	$410

a. 10.99%

b. 37.51%

c. 32.97%

d. 9.96%

e. 15.72%

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.

WACC:	12.75%
Year	0	1	2	3	4
Cash flows	-$800	$260	$285	$310	$335

a. $78.35

b. -$63.66

c. $255.43

d. $69.49

e. $190.34