rent for 9 months, then payments of $2,750 per month for the next 51 months. The lease cannot be broken, and the store's WACC is 12% (or 1% per month). a. Should the new lease be accepted? (Hint: Be sure to use 1% per month.) Round your answer to the nearest cent. $ between the two payment streams; then find its IRR.) Do not round intermediate calculations. Round your answer to two decimal places. 3%