Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

1. 1 ) Given a MARR of 17%, would you accept the following investments based on

ID: 1173284 • Letter: 1

Question

1.       1 )Given a MARR of 17%, would you accept the following investments based on the information given?

Investment

Criteria

Accept/Reject/Indifferent

A

PW(17%)= $89.13

B

IRR = 12%

C

AE (17%) = -$23

2.       2) Consider the following project cash flows.  Fill in the table and determine which are simple and which are nonsimple investments.

N

Project A

Cash Inflow

Cash Outflow

Net Cash Flow

0

0

$22,000

1

$15,000

$5,000

2

$30,000

$10,000

3

$32,000

$2,000

N

Project B

Cash Inflow

Cash Outflow

Net Cash Flow

0

0

$56,500

1

$2,500

$5,000

2

$1,000

$7,459

3

$90,345

$2,000

  

Investment

     

Criteria

     

Accept/Reject/Indifferent

     

A

     

PW(17%)= $89.13

     

  

     

B

     

IRR = 12%

     

  

     

C

     

AE (17%) = -$23

     

  

  

Explanation / Answer

1. I

A

PW(17%)= $89.13 - Accept



B

IRR = 12% - Reject



CSingle Project Evaluation:

?

If AE(i) > 0, accept the investment.

?

If AE(i) = 0, remain indifferent to the investment

?

If AE(i) < 0, reject the investment



AE (17%) = -$23 - Reject

Project A Cash Inflow Cash Outflow Net Cash Flow 0 0 22000 -22000 1 15000 5000 10000 2 30000 10000 20000 3 32000 2000 30000