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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

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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.) Project E Time: 0 2 3 4 5 $240 Cash flow -$1,700 $630 $690 $660 $440 IRR % Should the project be accepted or rejected? O accepted O rejected

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