1. A project has an initial cost of $49,450, expected net cash inflows of $11,000 per year for 6 years, and a cost of capital of 12%. What is the project's MIRR? Round your answer to two decimal places.
2. After reading the three assigned resources for this week, describe obligations, risks, and costs that are present in international transactions. Discuss specific delivery terms that exporters and importers can use to minimize these factors.
3. Early in 2013, Maria bought shares of MBA Inc. at $27.85 per share. She received the following dividends per share (end of year). 2013 $1.50 2014 $2.10 2015 $2.60 Immediately after receiving the 2015 dividend, she sold the stock for $35.50 per share. Her internal rate of return on this investment was?