Simms Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the WACC or negative, in both cases it will be rejected. Year 0 1 2 3 Cash Flows -$1000 $425 $425 $425 12.55% 13.21% 13.87% 14.56% 15.29%

Simms Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the WACC or negative, in both cases it will be rejected. Year 0 1 2 3 Cash Flows -$1000 $425 $425 $425 12.55% 13.21% 13.87% 14.56% 15.29%