1. You are considering a project that promises you cash flows of 612 USD at the end of year 1, and 620 usd at the end of year 2. The cost to buy into the project is 1,385. What is the internal rate of return (IRR) on this project? Enter answer in percents, accurate to 2 decimal places.
2. You are considering a project that promises you cash flows of 528 USD each year for 9 years. Based on the riskiness of the project, you require a 10 percent return. The cost to buy into the project is 3,049. What is the project NPV?
3. You are considering a project that promises you cash flows of 503 USD each year for 7 years. Based on the riskiness of the project, you require a 12 percent return. What is the maximum you should be willing to pay?