Current Attempt in Progress Sierra Company is considering a long-term investment project called ZIP. ZIP will require an investment of $150,480. It will have a useful life of four years and no salvage value. Annual cash inflows would increase by $100,320, and annual cash outflows would increase by $51,414. The company's required rate of return is 12%. Calculate the internal rate of return on this project. (Round answer to 1 decimal place, eg. 12.4%) Internal rate of return Identify whether the project should be accepted or rejected. The project should be Save for Later Attempts: 0 of 1 used Submit Answer