1. Carson Trucking is considering whether to expand its regional service center in Maob, Utah. The expansion requires the expenditure of $10,000,000 on new service equipment and would generate annual net cash flows from reduced costs of operations equal to $2,500,000 per year for each of the next eight years. In Year 8 the firm will also get back a cash flow equal to the salvage value of the equipment, which is valued at $1 million. Thus in Year 8 the investment cash inflow totals $3,500,000. Calculate the project's NPV using each of the following discount rates: a. 9 percent b. 11 percent c. 13 percent d. 15 percent 2. East Coast Television is considering a project with an initial outlay of $X(you will have to determine the amount). It is expected that the project will produce a positive cash flow of $50,000 a year at the end of each year for the next 15 years. The appropriate discount rate for this project is 10 percent. If the project has a 14 percent internal rate of return, what is the project's net present value? 3. Your investment advisor has offered you an investment that will provide you with a single cash flow of $10,000 at the end of 20 years if you pay premiums of $200 per year in the interim period. Specifically, the annual premiums begin immediately and extend through the end of Year 19. You then receive the $10,000 at the end of Year 20. Find the internal rate of return on this investment