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

Compute the IRR statistic for Project E. The appropriate cost of capital is 8 percent.

Note: Do not round intermediate calculations and round your final answer to 2 decimal places.

Project E

Time:012345Cash flow:$1,900$710$750$700$480$280

IRR ____ %

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