A firm evaluates all of its projects by applying the IRR rule. Cash Flow Year 154,000 0 -$ 62,000 1 23 77,000 61,000 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 13 percent, should the firm accept the project?