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IRR Compute the IRR statistic for Project E and note whether the firm should accept or reject the project with the cash flows shown as

IRR Compute the IRR statistic for Project E and note whether the firm should accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 8 percent. Show Calculations

Project E

Time 0 1 2 3 4 5

Cash Flow -1000 350 480 520 300 100

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