Question # 14 Simmon's Corp. is considering a project that has the following cash flow...
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Finance
Question # 14
Simmon's 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
-$1,175
$510
$510
$510
a. 9.20%
b. 10.07%
c. 14.46%
d. 30.21%
e. 33.95%
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