2. Assume you purchase a property and you expect to earn the following annual cash flows: Year 1$0 Year 2$100,000 Year 3$105,000 Year 4$110,250 Year 5$115,762 Assuming a discount rate of 10%, what is the present value of these cash flows? 3. Assume you purchase the property with the cash flows in 2. above for $250,000. What is the IRR? 4. Assume the discount rate in 2. Above is now the IRR from the investment. What is the revised purchase price? 5. Assuming you want a 6% return from an annuity that pays $250 at the end of each month for the next 20 years, how much will you pay for it