Blake plans to take on a new project that lasts 7 years. The initial investment is $160,000, and the after-tax cash inflows are projected to be $40,000 annually for seven years. Assume the required return is 17%. What is the project's IRR? Should it be accepted? 16.3%, no 17.0%; indifferent 122%, no 16.3\%; yes 12.2%; yes