Question: Problem 13-9 IRR (LG13-4) Compute the IRR static for Project E. The appropriate cost of capital is 9 percent. (Do not round intermediate calculations and

 Problem 13-9 IRR (LG13-4) Compute the IRR static for Project E.

Problem 13-9 IRR (LG13-4) Compute the IRR static for Project E. The appropriate cost of capital is 9 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project E Time: Cash flow -$2,900 1 $910 2 $900 3 $800 4 $580 5 $380 IRR % Should the project be accepted or rejected? rejected O accepted

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