33 Recently, Walt Disney World launched a new system for guest management. The FASTPASS+ system lets guests reserve rides before they get to Disney World. The cost of developing this system was $5.00 million. Let's simplify the problem and assume that the project will increase cash flows to Disney World by $1.00 million per year for the next 10 years ($1 million for year 1, $1 million for year 2, etc). What is the IRR of this project for Disney? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rouided to 4 decimal places (ex: 0.0924) 034 Consider the following project: Year 0 1 SN 3 Project A -20.00 8.00 7.00 9.00 7.00 Find the payback for this project. (ROUND TO TWO DECIMAL PLACES) Submit Answer format: Number: Round to: 2 decimal places. 132 A co-worker pitches a project to you that will last one year. The project will require the firm to invest $100,000.00 today, and the co-worker expects it to return $115,000.00 in one year. If your cost of capital is 12.00%, what is the NPV of this investment? Submit Answer format: Currency: Round to: 2 decimal places