Simms Corp.is considering a project that has the following cash flow data.What is the project's IRR? Note that a project's 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%
Correct Answer:
Verified
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