A firm evaluates all of its projects by applying the IRR rule. The IRR for the following project is percent. If the required return is 25 percent, the firm should (Click to select)acceptreject the project. (Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16))

Year	Cash Flow
0	$25,728
1	20,000
2	12,000
3	4,000