Question 14 Simms Corp, is considering a project that has the following cash flow data. What is the project's IRR? Year Cash flows O 9.64% O 11.76% O 10.82% O 12.58% O 11.29% 0 -$1,025 1 $425 2 $425 3 $425

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Question 14
Simms Corp. is considering a project that has the following cash flow data. What is the project's IRR?
Year
Cash flows
O 9.64%
O 11.76%
O 10.82%
O 12.58%
O 11.29%
0
-$1,025
1
$425
2
$425
3
$425
Transcribed Image Text:Question 14 Simms Corp. is considering a project that has the following cash flow data. What is the project's IRR? Year Cash flows O 9.64% O 11.76% O 10.82% O 12.58% O 11.29% 0 -$1,025 1 $425 2 $425 3 $425
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