Question: Compute the IRR static for Project E. The appropriate cost of capital is 7 percent. (Do not rou your final answer to 2 decimal places.)

Compute the IRR static for Project E. The appropriate cost of

Compute the IRR static for Project E. The appropriate cost of capital is 7 percent. (Do not rou your final answer to 2 decimal places.) Project E Time: Cash flow 4 0 --$1,100 1 $390 2 $510 3 $540 5 $120 $320 IRR % Should the project be accepted or rejected? O accepted O rejected

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