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Compute the IRR statistic for Project E. The appropriate cost of capital is 9 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 9 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project E Time: Cash flow 0 -$3,300 1 $1,030 2 $990 3 $860 4 $640 5 $440 IRR IRR 1% Should the project be accepted or rejected? O rejected O accepted

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