1. Henry can purchase a piece of land for $45,000 and lease it for a paintball range to net $4,000 a year. If Henry's opportunity cost/discount rate is 11% and he can sell the land in 7 years for $60,000 net of selling expenses, is the land a good investment for Henry? Use NPV.

2. Use IRR to see if Henry's investment in Problem 1 is a good one.

3. If Henry has to wait 12 years to sell his land for $60,000, is it a good investment? Use IRR and NPV.

please you excel ty