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22-04-2024
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Compute the IRR statistic for Project E. The appropriate cost of capital is 8 percent.
Note: 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 -$2,700 $830 $840 $760 $540 $340

IRR _______ %

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