Question: Compute the IRR static for Project E. The appropriate cost of capital is 9 percent. (Do not round intermediate calculations and round your final answer

Compute the IRR static for Project E. The appropriate cost of capital is 9 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Project E
Time: 0 1 2 3 4 5
Cash flow $1,500 $550 $630 $620 $400 $200

IRR %

Should the project be accepted or rejected?
Accepted
Rejected

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