Question: Compute the IRR statistic for Project E . The appropriate cost of capital is 8 percent. ( Do not round intermediate calculations and round your

Compute the IRR statistic for Project E. The appropriate cost of capital is 8 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
Project E
Time: 012345
Cash flow $3,200 $950 $930 $820 $600 $400 What is the IRR rounded to 2 decimal places?
Should the project be accepted or rejected?
multiple choice
rejected
accepted

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