A firm evaluates all of its projects by applying the IRR rule. 2 Year Cash Flow -$ 149,000 67,000 Skipped 72,000 56,000 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 16 percent, should the firm accept the project