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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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