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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 0123 Cash flow -$800 $425 $425 $425 a. 23.09% b. 24.19% c. 27.48% d. 26.66%

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