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: 3 Cash flow -$2,600 $790 $810 $740 $520 IRR % Should the project be accepted or rejected? O rejected accepted Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 12 percent, and that the maximum allowable payback and discounted payback statistics for your company are 2.5 Time: 3 4 Cash flow: -$362,000 $65,100 $83,300 $140,300 $121,3 Use the NPV decision rule to evaluate this project. (Do not round intermediate calculations and round your final answer to 2 decimal places.) NPV Should it be accepted or rejected? accepted O rejected Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) Project Y Time: Cash flow: 0 1 2 $8,600 $3,470 $4,300 3 $1,640 4 $420 NPV Should the project be accepted or rejected? accepted O rejected