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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: Cash flow 2 5 -$2,000 1 $750 $780 3 $720 4 $500 $300 IRR % Should the project be accepted or rejected? O accepted rejected

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