Viera Corporation is considering investing in a new facility. The estimated cost of the facility is $1,782,332. It will be used for 12 years, then sold for $710,300. The facility will generate annual cash inflows of $370,900 and will need new annual cash outflows of $157,300. The company has a required rate of return of 7%. Click here to view PV table. Calculate the internal rate of return on this project.

Brief Exercise 24-8 Viera Corporation is considering investing in a new facility. The estimated cost of the facility is $1,782,332. It will be used for 12 years, then sold for $710,300. The facility will generate annual cash inflows of $370,900 and will need new annual cash outflows of $157,300. The company has a required rate of return of 7%. Click here to view PV table Calculate the internal rate of return on this project. (Round answer to 0 decimal place, e.g. 125.) Internal rate of return is Whether the project should be accepted. be accepted The project