You are analyzing a proposed project and have compiled the following information: Required Return: 8% Year 0 1 2 3 Cash flows $600 $300 $400 $200 Required payback (cut-off) period: 2 years What is the internal rate of return (IRR) of the proposed project? Should the company accept or reject the project? 8.00%; accept 8.00%; reject 24.81%; accept O24.81%; reject The Redmelon Sports has a bond outstanding that matures in 15 years, carries an 6 percent coupon, and pays interest semiannually. The bond has a market value of $945 and a par value of $1,000. The company has a corporate tax rate of 40 percent. What is the after-tax cost of debt? 1.97% 3.29% 3.95% 6.58% Koolex Sport's stock has a beta of 1.5, the risk-free rate is 4%, and the market risk premium is 8%. What is the required rate of return on the stock based on the CAPM? 6% 10% O 14.00% O 16.00%