8. Suppose you have $5,000. Based on the rates of 1USD = 120 Yen, how many Japanese Yen can you buy? 9. Suppose an investment will cost $10,000 initially and will generate the following cash flows: Year 1: Year 2: Year 3: $7,000 $5,000 $4,000 The required return is 20%. Should we accept or reject the project? 10. Suppose you have a 10% bond that pays annual coupon and with mature in 10 years. The face value is $1,000, and the yield to maturity on similar bond is 8%. The bond is also convertible with a conversion price of 100. The stock is currently selling for $120. What is the minimum price of the bond? 1. You are considering a project that will require an initial outlay of $200,000. This project has an expected life of five years and will generate after-tax cash flows to the company as a whole of $60,000 at the end of each year over its five-year life. Thus, the free cash flows associated with this project look like this: Given a required rate of return of 10% percent, calculate the following: a. Discounted payback period b. Net present value c. Profitability index d. IRR