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Compute the IRR staticfor Project E. The appropriate cost of capital is 8 percent. (Do not round intermediate calculations. Round your final answer to 2

Compute the IRR staticfor Project E. The appropriate cost of capital is 8 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 -$3,500 $1,070 $1,020 $880 $660 $460

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