Compute the IRR statistic 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 Time: |1 2 3 4 5 Cash flow: |-$1,000 $350 $480 $520 $300 $100

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter11: The Cost Of Capital
Section: Chapter Questions
Problem 19PROB
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Compute the IRR statistic 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
Time:
|1
3
4
Cash flow:
-$1,000 $350
$480
$520
$300 $100
Transcribed Image Text:Compute the IRR statistic 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 Time: |1 3 4 Cash flow: -$1,000 $350 $480 $520 $300 $100
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