Consider the cash flow of a certain project given in Table P7.30. Table P7.30 n Net Cash

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................................ X
If the project's IRR is 10%,
(a) Find the value of X.
(b) Is this project acceptable at = 8%?
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...