Current Attempt in Progress Crane Corporation is considering investing in a new facility. The estimated cost of the facility is $2,156,000. It will be used for 12 years, then sold for $716,000. The facility will generate annual cash inflows of $398,900 and will need new annual cash outflows of $150,600. The company has a required rate of return of 7%. Click here to view the factor table. Calculate the internal rate of return on this project. (Round answer to O decimal place, e.g. 13%.) Internal rate of return is Whether the project should be accepted. The project be accepted. Save for Later % Attempts: 0 of 1 used Submit Answer