Viera Corporation is considering investing in a new facility. The estimated cost of the facility is $2,102,930. It will be used for 12 years, then sold for $719,500. The facility will generate annual cash inflows of $395,000 and will need new annual cash outflows of $153,900. The company has a required rate of return of 7%.

Calculate the internal rate of return on this project. (Round answer to 0 decimal place, e.g. 125.) Internal rate of return is 0 Whether the project should be accepted. be accepted. Click if you would like to Show Work for this question: Open Show Work