Question: Compute the IRR statistic for Project E. The appropriate cost of capital is 8 percent. (Dor round your final answer to 2 decimal places.) Project

Compute the IRR statistic for Project E. The appropriate cost of

Compute the IRR statistic for Project E. The appropriate cost of capital is 8 percent. (Dor round your final answer to 2 decimal places.) Project E Time: Cash flow -$1,300 1 $470 2 $570 3 $580 $360 5 $160 Answer is complete but not entirely correct. IRR 22.00 % Should the project be accepted or rejected? accepted rejected

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