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Are you able to calculate the below question without using excel? Compute the IRR staticfor Project E. The appropriate cost of capital is 7 percent.

Are you able to calculate the below question without using excel?

Compute the IRR staticfor Project E. The appropriate cost of capital is 7 percent.(Do not round intermediate calculations and round your finalanswer to 2 decimal places.)

Project ETime: 0 1 2 3 4 5

Cash flow-$2,000 $750 $780 $720 $500 $300

Should the project be accepted or rejected?

  • accepted
  • rejected

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