Question: You are looking at a capital project that will provide the following returns: Year 1: $15,000 Year 2: $20,000 Year 3: $15,000 If your cost

 You are looking at a capital project that will provide the following returns:

Year 1:           $15,000

Year 2:           $20,000

Year 3:           $15,000

If your cost of this project is $30,000, what would be the IRR? _______________

Based on the problem listed above, if you were required to obtain a 25% return on any project, what would be your maximum cost allowed? 

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