A 3-year project requires an initial cost of $161,900. The annual operating cash flow is estimated to be $60,800, $62,300, and $63,000 for Years 0 to 3, respectively. The terminal cash flow at the end of Year 3 is $12,000. The required rate of return is 13 percent. Based on the internal rate of return of ________ percent for this project, you should ________ the project.

10.41; accept

9.67; accept

10.41; reject

11.67; accept

9.67; reject