1-A buyer makes an initial investment of $10,000 in an investment which produces cash flows of SO EOY 1, $1,000 E0X2, $5,000 EOY3 and $7,931 EOY4, If the investors target yield for this investment is 7%, what is the NPV of these cash flows?

2-An investor wishes to purchase an investment for $10,000 which produces cash flows of

$0 EOYI, $1,000 EOY2, $5,000 EOY3, and $7,931 EOY4. If the investor's target yield for this investment is 13%, what is the maximum price the investor can pay for the property and still earn the desired return?