Compute the IRR statistic for Project E. The appropriate cost of capital is 9 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 −$1,800 $670 $720 $680 $460 $260
IRR?
Should the project be accepted or rejected?
| Period | Cash Flow |
| 0 | -1800 |
| 1 | 670 |
| 2 | 720 |
| 3 | 680 |
| 4 | 460 |
| 5 | 260 |
| IRR | 19% |
using IRR funtion in Finance calculator IRR is 19.38%
Project Must be accepted since IRR is greater than cost of capital
Compute the IRR statistic for Project E. The appropriate cost of capital is 9 percent. (Do...
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