1)A project has an initial cost of $12000, expected cash flows of $6000 per year for 5 years, and a discount tate of 13%. What is the Net present Value (NPV)? (unit of dollars)

2)A project has an initial cost of $10000,expected cash flows of $5000 per year for 2 years, and a discount rate of 8%. What isthe modified internal rate of return (MIRR)? (units of percents)