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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 -$1,175 $510 $510 $510 O a. 9.20% O b. 14.46% O c. 30.21% O d. 10.07% e. 33.95%
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