Simms Corp

question 62

Multiple Choice

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%

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Definitions:

Hispanic-Owned Businesses

Enterprises owned and operated by individuals of Hispanic heritage, contributing to the economic diversity and development.

Annual Revenue

The total amount of income generated by a company from its activities over a year before any costs or expenses are deducted.

Crediting Purposes

The act of acknowledging someone's contribution or work, often for the purpose of assigning merit or recognition.

Employees

Individuals who work for a business or organization and typically receive compensation in the form of wages or salary.