For an independent project to be accepted
A)the PW of the project evaluated at MARR should be positive.
B)the PW of the project evaluated at MARR should be equal to zero.
C)the PW of the project evaluated at the MARR should be equal or greater than zero.
D)the PW of the project should be positive at the market interest rate.
E)the PW of the project should be equal to zero at the market interest rate.

Question

Quizplus · Accepted Answer

The Present Worth (PW) of a project evaluated at the Minimum Attractive Rate of Return (MARR) should be equal to or greater than zero for the project to be considered acceptable. This indicates that the project is expected to meet or exceed the minimum return required by the investor.

For an Independent Project to Be Accepted