4. Miguel and Martin Corporation are evaluating all of its projects. If the required return for the project evaluation is 9 percent, determine whether the firm should accept the projects. Provide your business justification for accepting these projects. Round up your answer to two decimal places. 4.% 0 1 2 3 $157,300 74,000 87000 9 Cash Flows (in Millions) ($157,300) $74,000 $87,000 $46,000 per ce cot 5. Kelvin and Francis Investment Ventures Inc. is considering setting up a private sports bar and grill in downtown Manhattan. The Sports Bar and Grill promises to return a net cash inflow of $252,000 after all taxes have been paid to State, Local, and Federal Governments during the first year of operations. The Owners of the Sports Bar and Grill believes that the cash flows are projected to grow at a rate of 6.1 percent per year forever due to its prime location in Manhattan and management's reputation in delivering quality food and a pleasant environment. The project requires an initial investment of $1,120,000 to get it started. a) If the firm requires a return of 13 percent on such undertakings, should the Sports Bar and Grill business operations be started? Round up your answer to two decimal places.

4. Miguel and Martin Corporation are evaluating all of its projects. If the required retum for the project evaluation is 9 percent, determine whether the firm should aceept the projects. Provide your business justification for aceepting these projects. Round up your answer to owo decimal places. 5. Kelvin and Frainkis Investment Ventures Inc. is considering setting up a private sports bar and grill in downtown Manhattan. The Sports Bar and Grill promises to retum a net cash inflow of $2$2,000 affer all taxes have been paid to State, Local, and Federal Governments during the first year of operations. The Owners of the Sports Bar and Grill believes that the cash flows are projected to grow at a rate of 6.1 percent per year forever due to its prime location in Manhatian and management's reputation in delivering quality food and a pleasant environment. The project requires an initial investment of $1,120,000 to get it started. a) If the firm requires a return of 13 pereent on such undertakings, should the Sports Bar and Grill business operations be started? Round up your answer to noo decimal places