A project will have an initial investment requirement of $5,000. Then, it will generate 5 years of $1,000 per year, with all cash expected to be received at the end of the year. The discount rate is 10%. The hurdle rate is 7%. Go with the 10% discount rate as the hurdle rate. [This is intentionally confusing. I have listed both here to present the idea that the number and concept used as the discount rate is not always crystal clear. In reality, the discount rate must BE the hurdle rate for a capital budgeting problem. In this case, go ahead and use the 10% number and let's make the adjustment that the 10% number is indeed the discount rate BECAUSE it is also the hurdle rate. You will likely see issues like this is real life...] 9. What is the NPV? 10. What is the Payback? 11. What is the IRR. 12. Do you accept this project? 13. At WHAT HURDLE RATE would the project result in an NPV of exactly $0