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) 12.55%
B) 13.21%
C) 13.87%
D) 14.56%
E) 15.29%

Question

Quizplus · Accepted Answer

The Answer of 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) 12.55%
B) 13.21%
C) 13.87%
D) 14.56%
E) 15.29%