Question: Compute the IRR static for Project E. The appropriate cost of capital is 7 percent. (Do not round intermediate calculations and round your final answer

Compute the IRR static for Project E. The appropriate cost of capital is 7 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 $2,000 $750 $780 $720 $500 $300

IRR %

Should the project be accepted or rejected?

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