1. Your grandmother Is gifting you $125 at the end of each month for four years while you attend college to earn your bachelor’s degree. At a 6.5 percent (APR) discount rate, which are these payments worth to you on the day you enter college?
2. Project A costs $1,000, and its cash flows are the same in Years 1 through 10. Its IRR is 17%, and its WACC is 10%. What is the project's MIRR? Do not round off intermediate calculation. Round your answer to two decimal places. ____%
3. A project has annual cash flows of $7,500 for the next 10 years and then $9,000 each year for the following 10 years. The IRR of this 20-year project is 13.68%. If the firm's WACC is 11%, what is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.