Essentials Of Investments
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ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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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 | $1375 | $425 |
$425
|
$425 |
a.2.84%
b.3.20%
c.3.83%
d.3.61%
e.3.68%
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