Stenson, Inc., imposes a payback cutoff of three years for its International investment projects. Assume the company has the following two projects available. 1 Year Cash Flow A Cash Flow B 0 -$ 47,000-$ 92,000 18,000 20,000 2 24,200 25,000 3 20,000 34,000 4 6,000 248,000 What is the payback period for each project? (Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Project A Project B years years Which, if either, project(s) should the company accept? ater proof bag with free shipping Grades for Abdullah Osama Alshuwaikhat: Principles of c Saved A firm evaluates all of its projects by applying the IRR rule. Year Cash Flow 154,000 o 62,000 1 WN 77,000 61,000 What is the project's IRR? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Internal rate of return % If the required return is 13 percent, should the firm accept the project? THE Yes