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Stone Sour Inc has a project with the following cash flows Year Cash Flow 0 Ac€o

Stone Sour, Inc., has a project with the following cash flows:

   

Year Cash Flow
0 Ac€?o$ 28,700  
1   12,700  
2   15,700  
3   11,700  
 

  

The required return is 15 percent. What is the IRR for this project? SHOW HOW YOU GOT THE ANSWER! (Do not round intermediate calculations and round your answer to 2 decimal places. (e.g., 32.16))

  IRR %

  

Should the firm accept the following project?

 
  Accept
  Reject
 

May 21 2020 View more View Less

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