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Stone Sour, Inc. has a project with the following cash flows: Year Cash Flows ($) 0 -20,000 1 8,500 2 10,200 3 6,200 The company
Stone Sour, Inc. has a project with the following cash flows:
| Year | Cash Flows ($) |
| 0 | -20,000 |
| 1 | 8,500 |
| 2 | 10,200 |
| 3 | 6,200 |
The company evaluates all projects by applying the IRR Rule. If the appropriate interest rate is 9%, should the company accept this project?
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Investing In Fixed Income Securities Understanding The Bond Market
Authors: Gary Strumeyer
1st Edition
0471465127, 9780471465126
