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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

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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 be less than the WACC or negative, in both cases it will be rejected. Year 0 1 2 3 Cash flows -$1,375 $425 $425 $425 0 -3.61% -3.83% -2.84% -3.68% 0 -3.20%

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