A company is evaluating a project that has the following set of cash flows. They

evaluate all projects by applying the IRR rule.

If the required return is $14$ percent, what is the IRR for this project? $($Do not round

intermediate calculations and enter your answer as a percent rounded to $2$ decimal

places, e$.$g$.,32\mathrm{.}16.)$

IRR

$\%$

Should the firm accept the project?

Accept

Reject