1. A new restaurant opens and has the following cash flows. The minimum acceptable rate of return for the owner is 14%. Estimate a single rate of return using HERR and Project Balance Method Year 0 Cash Flows (10000) -250 1 13 2 21 3 -9 4 33 5 6 7 48 -16 22 8 32 9 10 54 72 1. A new restaurant opens and has the following cash flows. The minimum acceptable rate of return for the owner is 14%. Estimate a single rate of return using HERR and Project Balance Method Year 0 Cash Flows (10000) -250 1 13 2 21 3 -9 4 33 5 6 7 48 -16 22 8 32 9 10 54 72