Sunshine Company has $80,000, 10%, 5-year convertible bonds. On 1st of November, the company decided to convert it into 4000 shares $15 par value common stock. On that day the market value of Sunshine's common stock was $18 per share and 90,000 for bonds. Rrepare the journal entry to record the conversion What is the IRR of the following set of cash flows? Year 0 1 2 3 Cash Flow -$10,265 3,900 5,700 5,900 Multiple Choice 21.62% O 22.06%