1) Thorley Inc. is considering a project that has the following cash flow data. What is the project's IRR?

What is the projects payback period?

Year 0 1 2 3 4 5

Cash flows -$1,250 $325 $325 $325 $325 $325

2) Harry's Inc. is considering a project that has the following cash flow and WACC data. What is the project's NPV?

WACC: 10.25%

Year 0 1 2 3 4 5

Cash flows -$1,000 $300 $300 $300 $300 $300