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please do it WITHOUT excal sheet 21. The Internal Rate of Return: (2 Pts) a. Req

ID: 380776 • Letter: P

Question

please do it WITHOUT excal sheet

21. The Internal Rate of Return: (2 Pts) a. Requires at least one sign change in the cash flow to be computed. b. Is the maximum interest rate allowed by the Internal Revenue Service c. Is the discount rate that results in a Benefit-Cost Ratio of 0 d. Is the ratio of Net Income divided by Revenue e. None of the above. 22. A regional airport is considering installing a new baggage handling system. different vendors submitted their bids on the system. The airport is to replace current system. The cash flows that describe each baggage handling systemw respect to the current system are given below. (3 Pts) Two its th Year (n) Vendor A Vendor B Vendor B- Vendor A -$500,000 -$600,000 -$100,000 17,710 0 1 - 15 48,170 5% 65,880 790 IRR 15.73% a. Vendor B is preferred as long as the airport's MARR is less than 15.73% b. Vendor B is preferred as long as the airport's MARR is less than 7% C. Vendor A is preferred as long as the airport's MARR is less than 5% d. Vendor A is preferred if the airport's MARR is greater than 15.73% e. None of the above When using the benefit to cost ratio method of analyzing a project, which of the following is a TRUE statement? (2 Pts) 23. It will always produce a recommendation consistent with the simple payback period method a. b. It will always produce a recommendation consistent with net present value, net future value, and annual equivalent (periodic equivalent) methods. It can be used only to evaluate projects from the public sector (such as bridges and roadways) c. a, b, and c are all true

Explanation / Answer

21. The correct answer is c) is the discount rate that results in a benefit cost ratio of 0.

Internal rate of return is a discount rate that makes the total current value of all money flows from a particular  estimate on the basis of present trends to zero