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Current Attempt in Progress Bramble Corporation is considering investing in a new facility. The...

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Accounting

Current Attempt in Progress
Bramble Corporation is considering investing in a new facility. The estimated cost of the facility is $2,330,000. It will be used for 12
years, then sold for $757,000. The facility will generate annual cash inflows of $425,000 and will need new annual cash outflows of
$192,000. The company has a required rate of return of 5%.
Calculate the internal rate of return on this project, and discuss whether the project should be accepted. (Round answer to 0 decimal
places, e.g.13%.)
Internal rate of return
The project should be
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