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15) Jenny will need $500,000 in 20 years to reach her goal, she decides to invest in a real e l need $500.000 invest in

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15) Jenny will need $500,000 in 20 years to reach her goal, she decides to invest in a real e l need $500.000 invest in a real estate stock that has paid a t,the water in Ft. Lauderdale Florida. In order to that has paid a consistent annual dividend of 14%. How much does Jenny have to invest in the fund each m (Show all work if you want partial/full creditl) (10 points) onth in order to achieve her goal of 500,000? 500,000/1 500000 Oyeer 20years 30 13 16) Microsoft Bond 1.85% Matures 2/6/2020 is quoted at 99.04. bond? (show all work) (5pts) How much will it cost to buy a 1 1.35% 74,0 7 quou 1.35% nsidering purchasing a restaurant in two different locations. Listed below are the required nvestments and estimated cash flows for three years: Restaurant #1 in Flushing CF Yr Capital Investment1 CF Yr2 CF Yr 3 -100,000 35000 45000 51000 IRR 13.86% Restaurant #2 in LIC CF Yr Capital Investment 1 CFYr 2 CFYr 3 -125,000 40000 50000 58000 IRR-83996 17-1 Andrew is a little concerned that the restaurant in Long Island City (restaurant #2) has an initial investment of $125,000 and the cost of capital (interest rate) is currently at about 8%. He wants to the project is even profitable. Should Andrew consider project Restaurant #2 in Long Island City? what is his NPV? (10 pts) know if

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