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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

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: 0 1 2 3 4 5 Cash flow $2,900 $910 $900 $800 $580 $380

(Do not round intermediate calculations and round your final answer to 2 decimal places.)

Project Z
Time: 0 1 2 3 4 5
Cash flow: $1,400 $430 $560 $730 $380 $180

What is the PI

Should the project be accepted or rejected? multiple choice

rejected

accepted

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