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Compute the IRR statistic for Project E. The appropriate cost of capital is 8 percent. (Do not round intermediate calculations and round your final

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Compute the IRR statistic for Project E. The appropriate cost of capital is 8 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project E Time: Cash flow 0 -$3,500 1 $1,070 2 $1,020 3 4 5 $880 $660 $460 IRR %

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