Question: 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

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: Cash flow $1,600 1 $590 2. $660 3 $640 4 $420 5 $220 IRR % Should the project be accepted or rejected? accepted O rejected
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