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Compute the IRR statistic for Project F. The appropriate cost of capital is 12 percent. Note: Do not round intermediate calculations and round your final

Compute the IRR statistic for Project F. The appropriate cost of capital is 12 percent.

Note: Do not round intermediate calculations and round your final answer to 2 decimal places.

Project F

Time: 0 1 2 3 4
Cash flow: $ 11,600 $ 3,650 $ 4,480 $ 1,820 $ 2,450

IRR_______%?

Should the project be accepted or rejected?

(Click to select) Accepted Rejected

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