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

Year	Cash Flow
0	$	28,400
1		12,400
2		15,400
3		11,400

The required return is 15 percent. What is the IRR for this project? (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?

• Reject

• Accept