1.

Voya Natural Resources, a firm with a 13% cost of capital, is considering the following project:

Year	Cash Flow
0	$82,000
1	21,050
2	24,100
3	29,900
4	25,550
5	18,900

Based on the IRR, should Voya Natural Resources accept this project?

Multiple Choice

• No, because the IRR is 14.07 percent.

• Yes, because the IRR is 15.24 percent.

• Yes, because the IRR is 14.65 percent.

• No, because the IRR is 15.24 percent.

• Yes, because the IRR is 14.07 percent.

2.

TikTok superstar Charli DAmelios investment project:

Year	Cash Flow
0	$33,950
1	8,180
2	9,850
3	14,050
4	15,890
5	10,760

What is the NPV of Charli DAmelios project if she requires a return of 8.6%?

Multiple Choice

• $13,085.84

• $24,780.00

• $12,404.28

• $4,327.10

• $11,450.11