Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 8 percent.

Time:	0	1	2	3	4	5	6
Cash flow:	$8,600	$1,080	$2,280	$1,480	$1,480	$1,280	$1,080

Use the IRR decision rule to evaluate this project. (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places.)

IRR%=

Should it be accepted or rejected?