Simkins Renovations Inc

question 103

Multiple Choice

Simkins Renovations Inc.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 (and even negative) ,in which case it will be rejected. ​

• A) 29.04%
• B) 32.63%
• C) 24.55%
• D) 30.83%
• E) 29.94%

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