Marielle Machinery Works forecasts the following cash flows on a project under consideration. It uses the internal rate of return rule to accept or reject projects. C0 C1 C2 C3 − $ 11,000 0 + $ 8,500 + $ 9,500 Calculate the IRR. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) IRR % Should this project be accepted if the required return is 14%? Yes No