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A firm evaluates all of its projects by applying the IRR rule. Year Cash Flow -$ 155,000 0 o - 61,000 78,000 N 62,000 w

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A firm evaluates all of its projects by applying the IRR rule. Year Cash Flow -$ 155,000 0 o - 61,000 78,000 N 62,000 w 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 % If the required return is 13 percent, should the firm accept the project

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