8. (TCO F) Simkins Renovations Inc. is considering a project that has the following cash - 88192

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8. (TCO F) 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 IRR can be less than the WACC (and even negative), in which case it will be rejected. Year 0 1 2 3 4 --------------------------------------------------------- Cash flows -$850 $300 $290 $280 $270 (Points : 10) 13.13% 14.44% 15.89% 17.48% 19.22%
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