Consider the cash flows in Table P5.40 for the following investment projects,
(a) Suppose projects A and B are mutually exclusive. On the basis of the NPW criterion, which project would be selected? Assume that MARR = 15%.
(b) Repeat part (a), using the NFW criterion.
(c) Find the minimum value of X that makes project C acceptable, still using MARR = 15%.
(d) Would you accept project D at i = 18%?
(e) Assume that projects D and E are mutually exclusive. On the basis of the NPW criterion, which project would you select?

Project's Cash Flow $1,500 $4,000 $1,400$1,500 500 500 500 500 -$1.800- 1.150 700 200 200 1,200 700 700 100 1500 -450 450 -450 -450 2 1.800 4