Compute the IRR statistic for Project E. The approximate cost of capital is 7 percent. (Do not round intermediate calculations and round your final answers to 2 decimal places.) Should the project be accepted or rejected?

Project E
Year	0	1	2	3		4	5
Cash flow	$(3,600.00)	$ 1,100.00	$ 1,050.00		$ 900.00	$ 680.00	$ 480.00

A) 7.52% accepted

B)6.41% accepted

C) 6.41% rejected

D) 7.52% rejected