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

Compute the IRR static for Project E. The appropriate cost of capital is 7 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Project E
Time 0 1 2 3 4 5
Cash Flow -$2800 $870 $870 $780 $560 $360

IRR %

Should the project be accepted or rejected?

Rejected

Accepted

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