Compute the IRR statistic for Project E

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Question 1: 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.

Project E

Time                       0               1                  2                 3                 4                       5

Cash Flow        -$1,000     $350          $480          $520          $300            $100

a. $657.47

b. Accepted

Reference no: EM132487922

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