1. Project Tribbiani has a cost of $10,000 and it will produce end-of-year net cash inflows of $5000 per year for 3 years. Tribbiani's required rate of return is 10 percent. What is the difference between the project's IRR and MIRR? (Round of the answer to four decimal places.)

2. Gunther Green Company (GGC) is considering a project with a cost of $100,000 at Year 0 and inflows of $30,000 at the end of Years 1-5. GGCs cost of capital is 10 percent. What is the projects discounted payback period? Round off your answers to 2 decimal places.