Question: Help asap (a) In using internal rate of return (IRR) for decision-making, what is the decision rule for simple investments when comparing IRR to your
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(a) In using internal rate of return (IRR) for decision-making, what is the decision rule for simple investments when comparing IRR to your minimum acceptable rate of return (MARR)? [2] (b) Through incompetent forecasting your rookie engineer submits the project figures in the table, a 3-year investment, with uncertainty about the cash flow in year 3. Your company applies a 15% MARR. To accept the project, what is the minimum third-year cash flow? [8] Year o 1 2 3 Cash flow, $1000 -500 220 200
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