1. Banco corporation considering investing in a production system. The cost would be $57,000 and it is expected that it would produce $33,000 per year for 4 years. If the firm uses a 9% discount rate, should the firm make the investment? Use to IRR to decide

Show your calculation but do not do it in excel

2. Randall, Inc. is planning to issue bonds that will have mature in 25 years. The bonds will pay a semiannual rate of 496 similar bonds are yielding 3%. At what price should the bonds

Show your calculation but do not do it in excel