Consider the following projects cash flows: n Cash Flow 0......-$3,000 1..........$800 2..........$900 3..............X Assume that the projects

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Consider the following project’s cash flows:

n Cash Flow

0………………......-$3,000

1………………..........$800

2………………..........$900

3………………..............X

Assume that the project’s IRR is 10%.
(a) Find the value of X.
(b) Is this project acceptable at MARR = 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...

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Fundamentals of Engineering Economics

ISBN: 978-0132775427

3rd edition

Authors: Chan S. Park

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Question Posted: Nov 13, 2018 05:03 AM

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Consider the following projects cash flows: n Cash Flow 0......-$3,000 1..........$800 2..........$900 3..............X Assume that the projects

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a Since i 10 and PW10 0 we hav...View the full answer

Fundamentals of Engineering Economics

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