| Compute the IRR static for Project E. The appropriate cost of capital is 7 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 | –$3,600 | $1,110 | $1,050 | $900 | $680 | $480 |
| IRR | % |
| Should the project be accepted or rejected? |
| AcceptedRejected |