Compute the IRR statistic 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.$)$

$\backslash$table$[[$Project E$,,,,,,],[$Time:$,0,1,2,3,4,5],[$Cash flow,$-$$$1,100,$$$390,$$$510,$$$540,$$$320,$$$120$