1. Project L costs $75,000, its expected cash inflows are $15,000 per year for 6 years, and its WACC is 13%. What is the project's payback? Round your answer to two decimal places.
2. If you need $3,800 a year to pay you annual property taxes for the next 30 years how much would you need to deposit into an account today that is earning 6.8% interest?
3. Describe the risks of launching of a new e-commerce site if implementation is not conducted effectively and offer at least two approaches to mediate those risks.