Question: Consider the cash flow of a certain project given in Table P7.30. Table P7.30 n Net Cash Flow 0................................ -$2,500 1................................ 700 2................................ 900 3................................
Consider the cash flow of a certain project given in Table P7.30.
Table P7.30
n Net Cash Flow
0................................ -$2,500
1................................ 700
2................................ 900
3................................ X
If the project's IRR is 10%,
(a) Find the value of X.
(b) Is this project acceptable at MARR = 8%?
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