A project with a 10-year life costs $5 million. At a cost of capital of 14%, the net present value of this project is $0. Based on this, you can confidently say that the project's Internal Rate of Return is Mary is planning on saving $500 a month for the next 10 years, while Larry is planning on saving $6,000 a year for the next 10 years. Both can invest in an instrument that earns 8% annual interest. Who has the most after 10 years, Mary or Larry, and why? Mary and Larry have both retired and have a nice-sized nest egg to live off of. Both plan to use that nest egg for 15 years, taking out the same amount every month. Their beginning nest eggs are the same size, but Larry is able to take out more a month than Mary. How is this possible