A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows: Year o 1 Cash Flow -$34,000 15,000 17,000 13,000 3 If the required return is 14 percent, what is the IRR for this project? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) s projected to be decimal IRR I Should the firm accept the project? O Reject Accept