1. a) What is the IRR of the following cash flow? b) What should the asset value in year 11 be to ensure 8% IRR? Initial investment -400,000 year 1-5 12,000 Cash Flow year 6-10 a sset value on year 11 25,000 300,000 2- How much money should have been saved every MONTH for the last 25 years to have $5000 a month income forever beginning now. Assume 8% nominal interest rate, compounded semi-annually