Consider an investment project with the cash flows given in Table P7.29. Table P7.29 n Cash Flow

Question:

Consider an investment project with the cash flows given in Table P7.29.
Table P7.29
n Cash Flow
0 ........................ -$15,000
1........................ 0
2........................ 14.520
3........................ 3.993
Compute the IRR for this investment. Is the project acceptable at = 10%?
MARR
Minimum Acceptable Rate of Return (MARR), or hurdle rate is the minimum rate of return on a project a manager or company is willing to accept before starting a project, given its risk and the opportunity cost of forgoing other...