5) Some review questions: a) What is the PV of receiving 2,000/year starting in 3 years going for 16 years if the discount rate is 12%? b) What is the NPV of a project that costs $1,500,000 and generates 120,000/year forever if the discount rate is 9%? c) A project will provide in 3 years either $8,000 with 20% probability, $13,000 with a 30% probability, $18,000 with a 40% probability, and $45,000 with a 10% probability. Given a 6% discount rate, what is its expected PV