MARRs are:

Before-taxes with inflation = 10%

Before-taxes without inflation (inflation-free) = 8%

After-taxes with inflation = 5%

After-taxes without inflation (inflation free) = 3%

1. The MARR required for the calculation of the projects Net Present Worth (NPW) in after-tax current (actual) dollars is

a) 10%; b) 8%; c) 5%; d) 3%.

2. The MARR required for the calculation of the projects Annual Equivalent Worth (AEW) in before-tax constant dollars is

a) 10%; b) 8%; c) 5%; d) 3%.

3. If you were the owner of this project, the MARR used to determine the projects impact on the after-tax purchasing power of your investment would be

a) 10%; b) 8%; c) 5%; d) 3%.