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 $3,500 $1,150 $1,080 $920 $700 $500 Should the project be accepted or rejected? multiple choice rejected accepted

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: Cash flow 0 -$3,500 1 $1,150 2 $1,080 3 $920 5 $500 $700 IRR % Should the project be accepted or rejected? rejected O accepted