Question 9 5 pts A firm evaluates all of its projects by applying the IRR rule. The current proposed project has cash flows of -$37,048, $16,850, $15,700, and $19,300 for Years O to 3, respectively. The required return is 18 percent. What is the project IRR? Should the project be accepted or rejected? 21.08 percent; reject O 18.42 percent; accept O 16.05 percent; accept 16.05 percent; reject O 18.42 percent; reject Next