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Ivanhoe Corporation is considering investing in a new facility. The estimated cost of the facility is $1,843,000. It will be used for 12 years, then

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Ivanhoe Corporation is considering investing in a new facility. The estimated cost of the facility is $1,843,000. It will be used for 12 years, then sold for $710,000. The facility will generate annual cash inflows of $360,000 and will need new annual cash outflows of $152,900. 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 0 decimal ploce, es. 13\%.) Internal rate of return is Whether the project should be accepted. The project be accepted

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