Viera Corporation is considering investing in a new facility. The estimated cost of the facility is $1,660,000. It will be used for 12 years. then sold for $742,000. The facility will generate annual cash inflows of $399,000 and will need new annual cash outflows of $204,000. The company has a required rate of return of 8%. Calculate the internal rate of return on this project, and discuss whether the project should be accepted. (Round answer to O decimal places, eg. 13%) Internal rate of return The project should be %