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 $1,200 $430 $540 $560 $340 $140

IRR: ________%

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