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...


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.


A. -4.04%


B. -4.44%


C.-5.67%


D. -4.17%


E. -4.53%


Year<br>Cash flows<br>2<br>3<br>-$1,400<br>$425<br>$425<br>$425<br>

Extracted text: Year Cash flows 2 3 -$1,400 $425 $425 $425

Jun 06, 2022
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