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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

Time: 0 1 2 3 4 5

Cash flow -$1,700 $630 $690 $660 $440 $240

IRR______ %

Should the project be accepted or rejected?

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