Stone Sour, Inc., has a project with the following cash flows

Stone Sour, Inc., has a project with the following cash flows
Stone Sour, Inc., has a project with the following cash flows:

?YearCash Flow

0–$29,000

1 13,000

2 16,000

3 12,000

The required return is 15 percent. What is the IRR for this project?

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