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Stone Sour, Inc., has a project with the following cash flows: Year Cash Flow 0 $ 27,300 1 11,300 2 14,300 3 10,300 The required

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

Year Cash Flow
0 $ 27,300
1 11,300
2 14,300
3 10,300

The required return is 16 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?

Accept
Reject

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