Question: IRR Compute the IRR statistic for Project E and note whether the firm should accept or reject the project with the cash flows shown as

IRR Compute the IRR statistic for Project E and note whether the firm should accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 8 percent.

Project E

Time

0

1

2

3

4

5

Cash Flow

-$1,000

$350

$480

$520

$300

$100

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