1) Sycamore Home Furnishings is considering acquiring a new machine that can create customized window treatments. The equipment will cost $287,942 and will generate cash flows of $75,318 over each of the next six years. If the cost of capital is 14.88 percent, what is the MIRR on this project?

2)An investment of $137692 is expected to generate an after-tax cash flow of $88100 in one year and another $110196 in two years. The cost of capital is 10 percent. What is the internal rate of return?