Compute the IRR static 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 $1,700 $630 $690 $660 $440 $240 Should the project be accepted or rejected? multiple choice accepted rejected

Compute the IRR static 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: Cash flow 0 -$1,700 1 $630 2 $690 3 $660 4 $440 5 $240 IRR % Should the project be accepted or rejected? O accepted O rejected