1. First Part: A magazine publisher wants to launch a new magazine geared to college students. The project's initial investment is $75. The project's cash flows that come in at the end of each year are $28 for 3 consecutive years beginning one year from today. What is the project's NPV if the required rate of return is 14%? Answer #1: $ Second Part Based upon the NPV decision rule, should the company accept or reject the project? Answer #2:(Accept or Reject) Place your aswer as the word "accept" or the word "reject".

2.A real estate developer plans to construct and then rent a 15-unit office building. The construction costs will be incurred immediately and are expected to be $875. The annual cash flow on all units is expected to be $150 starting in one year and continuing for a total of 3 consecutive years. Calculate the profitability index for the office building using a required rate of return of 7.950%.

3.A research division of a large consumer electronics company has developed a new type of mp3 player. The project will require an immediate cash outflow of $1,665,321. The new project is expected to produce cash flows of $500,000 per year for 4 consecutive years beginning at the end of year one. What is this projects internal rate of return?