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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.
Marginal Revenue
The incremental income produced through the sale of one additional unit of a good or service.
Marginal Cost
The extra cost triggered by the production of an additional unit of a product or service.
Marginal Revenue
The additional income from selling one more unit of a good or service.
Marginal Cost
The hike in overall costs when one extra unit of a product or service is produced.
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