1) The Kyler Murray Company is investing in a new piece of equipment at a cost of $6 million. The project is expected to generate annual cash flows of $1,850,000 over the next six years. The firm's cost of capital is 18 percent. What is the project's NPV? (Do not round intermediate computations. Round final answer to nearest dollar.)

2) The Tiger Woods Golf Resort is redoing its golf course at a cost of $2,744,320. It expects to generate cash flows of $1,223,445, $2,007,812, and $3,147,890 over the next three years. If the appropriate discount rate for the firm is 13 percent, what is the NPV of this project? (Do not round intermediate computations. Round final answer to nearest dollar.)

3)The Corbin Carroll Company bought new machinery for $5 million. This is expected to result in additional cash flows of $1.2 million over the next seven years. What is the payback period for this project? If its acceptance period is five years, will this project be accepted? (Round your answer to two decimal places.)

4)The Clayton Kershaw Company is in the process of constructing a new plant at a cost of $30 million. It expects the project to generate cash flows of $13,000,000, $23,000,000, and $29,000,000 over the next three years. The cost of capital is 19 percent. What is the net present value of this project? (Do not round intermediate computations but round your final answer to the nearest dollar)