Question
Stone Sour, Inc., has a project with the following cash flows: Year Cash Flow 0 $ 28,700 1 12,700 2 15,700 3 11,700 The required
| Stone Sour, Inc., has a project with the following cash flows: |
| Year | Cash Flow | ||
| 0 | $ | 28,700 | |
| 1 | 12,700 | ||
| 2 | 15,700 | ||
| 3 | 11,700 | ||
| The required return is 15 percent. What is the IRR for this project? SHOW HOW YOU GOT THE ANSWER! (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? | ||||
|
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Introduction To Estimating Economic Models
Authors: Atsushi Maki
1st Edition
0415589878, 978-0415589871
