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)13.13%
B)14.44%
C)15.89%
D)17.48%
E)19.22%

Question

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)13.13% 
B)14.44% 
C)15.89% 
D)17.48% 
E)19.22%

Quizplus · Accepted Answer

The Answer of 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)13.13% 
B)14.44% 
C)15.89% 
D)17.48% 
E)19.22%