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A firm evaluates all of its projects by applying the IRR rule. Year 1 2 3 Cash Flow -$157,000 59,000 80,000 64,000 What is the

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A firm evaluates all of its projects by applying the IRR rule. Year 1 2 3 Cash Flow -$157,000 59,000 80,000 64,000 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 15 percent, should the firm accept the project? (Click to select)

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