1. Project L costs $41,549.01, its expected cash inflows are $9,000 per year for 10 years, and its WACC is 14%. What is the project's IRR? Round your answer to two decimal places
2. Does the amount of money at risk impact the riskiness of an investment? Explain?
3. You plan to borrow $35000 at a 7.5% annual interest rate. the terms require you to amortize the loan with 7 equal end of year payments of $6608.01. when you make the second payment, 2 years from today what amount of the $6608.01 payment will represent interest?