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Fin 301 Ch 9 Hw Quiz
A project will produce cash inflows of $3,100 a year for 3 years with a final cash inflow of $4,400 in YearThe project's initial cost is $10,What is the net present value if the required rate of return is 16 percent?-$311.02-$1,007.66$1,650.11$2,188.98$1,168.02
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2.91 years
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Accept; 11.64
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-$306.15; reject
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-$1,007.66
You are comparing two mutually exclusive projects. The crossover point is 12.3 percent. You have determined that you should accept project A if the required return is 13.1 percent. This implies you should:Always accept Project A.Be indifferent to the projects at any discount rate above 13.1 percent.Always accept Project A if the required return exceeds the crossover rate.Accept Project B only when the required return is equal to the crossover rate.Accept Project B if the required return is less than 13.1 percent.
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Always accept Project A if the required return exceeds the crossover rate.
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An increase in the aftertax salvage value of the fixed assets.
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the ARR cannot be computed (no NI)
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Accept A at 11.7 percent and neither at 13.5 percent.
Project A has cash flows of -$74,900, $18,400, $26,300, and $57,100 for years 0 to 3, respectively. Project B has cash flows of -$79,000, $18,400, $22,700, and $51,500 for years 0 to 3, respectively. Both projects are independent and use straight-line depreciation to a zero balance over the project life. Neither project has any salvage value and both have a required accounting return of 11.5 percent. Should you accept or reject these projects based on the average accounting return?Accept Project A and reject Project BReject Project A and accept Project BAccept both projectsReject both projectsThe AAR cannot be computed.
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the ARR cannot be computed (no NI)
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Accept A at 11.7 percent and neither at 13.5 percent.
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Yes; The MIRR is 14.45 percent.
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13.58 percent
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