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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

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 E

CF0= -$1,100

CF1= $390

CF2= $510

CF3= $540

CF4= $320

CF5= $120

IRR= ________%

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