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Compute the IRR static for Project E. The appropriate cost of capital is 7 percent. (Do not round intermediate calculations. Round your final answer to
Compute the IRR static for Project E. The appropriate cost of capital is 7 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Project E | ||||||
Time | 0 | 1 | 2 | 3 | 4 | 5 |
Cash Flow | -$2800 | $870 | $870 | $780 | $560 | $360 |
IRR %
Should the project be accepted or rejected?
Rejected
Accepted
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