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: 0 1 2 3 4 5 Cash flow: $3,200 $950 $930 $820 $600 $400 Should the project be accepted or rejected?

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