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.   Year 0     1   2   3   Cash flows -$1,375 $425 $425 $425   Group of answer choices –3.61% –2.84% –3.20% –3.68% –3.83%

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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.
 

Year

0    

1  

2  

3  

Cash flows

-$1,375

$425

$425

$425

 

Group of answer choices
–3.61%
–2.84%
–3.20%
–3.68%
–3.83%
 
 
 
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