1. What is the present value of the following cash flow stream at a rate of 10%?

Years:	0	1	2	3	4
CFs:	$0	$50	$75	$125	$300

(Round your answer to two decimal places.)

2. Your sister paid $15,000 (CF at t = 0) for an investment that promises to pay $900 at the end of each of the next 10 years, then an additional lump sum payment of $20,000 at the end of the 10th year. What is the expected rate of return on this investment? (Round your answer to two decimal places.)