Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin

Exercise 1

A high tech company whose stock trades on the NASDAQ stock exchange uses a MARR of 35% per year. If the chief financial officer (CFO) said the company expects to make a real rate of return of 25% per year on its investments over the next 3 year period, what is the company expecting the inflation rate per year to be over that time period