Question
Please help (without excel or financial calculator)!! 11. Compute the IRR static for Project E. The appropriate cost of capital is 8 percent. (Do not
Please help (without excel or financial calculator)!!
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11. Compute the IRR static 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 |
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| Time: | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash flow | $3,500 | $1,070 | $1,020 | $880 | $660 | $460 |
Should the project be accepted or rejected?
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Entrepreneurial Finance
Authors: Steven Rogers
4th Edition
1260461440, 978-1260461442
