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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 Cash flows 0 1 -$1,125 $425 2 $425 3 $425 4.96% 5.81% 7.12% 6.14% 6.53%

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