Simms Corp

question 41

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 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%

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Definitions:

Navigation Act of 1696

Part of a series of British laws that regulated maritime trade and laid the foundation for the British colonial mercantile system, aiming to restrict colonial trade to English ships and goods.

Vice-Admiralty Courts

Courts established in British colonies to handle maritime cases without a jury, often used for enforcing trade regulations.

Tuscarora Wars

a series of conflicts fought in North Carolina from 1711 to 1715 between the Tuscarora Native American tribe and European settlers, leading to the tribe's move north to join the Iroquois Confederacy.

Yamasee Wars

A series of conflicts from 1715 to 1717 in the colonial American Southeast between English settlers and various Native American tribes, including the Yamasee, which significantly impacted colonial and Native American relations.