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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
1. What is the internal rate of return (IRR) of a project that costs $45,000 if it is expected to generate $15,047 per year for five years?
2. Compute the internal rates of return (IRRs) for the following capital budgeting projects:

Based on IRRs, under what conditions should each project be purchased? Plasma Blood Services is deciding whether to purchase a new blood cleansing machine that is expected to generate the following cash lion What is the machine's IRR?
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