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Stone Sour, Inc., has a project with the following cash flows: Year Cash Flow 0 –$ 27,500 1 11,500 2 14,500 3 10,500 The required return is 16 percent. What is the IRR for this project? (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? Accept Reject

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Financial Management, Finance

Category:- Financial Management
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