Compute the IRR statistic for Project E. The appropriate cost of capital is 7 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 −$2,800 $870 $870 $780 $560 $360
Should the project be accepted or rejected?
Answers: 1
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Compute the IRR statistic for Project E. The appropriate cost of capital is 7 percent. (Do not round...
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