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: 0 1 2 3 4 5

Cash flow $1,600 $590 $660 $640 $420 $220

Should the project be accepted or rejected? multiple choice

accepted

rejected

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