. Calculate and make the decision to accept or reject the project.

IRR Compute the IRR statistic for project F and note whether the firm should accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 12 percent.

Project F

Time

0

1

2

3

4

Cash Flow

-$11,000

$3,350

$4,180

$1,520

$2,000

What is the IRR? _____________ Accept or Reject Project ______________