3 A firm evaluates all of its projects by applying the IRR rule, Year 25 oints O Cash Flow $ 148,000 68,000 1 eBook 2 71,000 55,000 Print 3 References What is the project's IRR? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Internal rate of return 96 If the required return is 16 percent, should the firm accept the project