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) 13.59%
B) 17.24%
C) 11.40%
D) 15.20%
E) 14.61%
Correct Answer:
Verified
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