1. Has the use of "negative interest rates" by Central Banks been successful in stimulating the economy?
2. Your company is considering a capital project with projected annual revenues of $4,000,000 annual cash expenses of $2,150,000 and an annual depreciation (non-cash) expense of $250,000. Assuming your company has a marginal tax rate of 40%, what is the projected annual, after-tax cash flow? (Please show your work.)