B. Mccann Co. has identified an investment project with the following cash flows. If the discount rate is 6%, what is the NPV of the cash flows? what about if the discount rate was 10%?

Year	1	2	3	4
Cash Flow	280	460	495	560

C. Investment X offers to pay you $3,000 per year for eight years, whereas Investment Y offers to pay you $6,000 per year for four years. Calculate the present value for Investment X and Y if the discount rate is 7 percent.

D. An investment offers $3,333 per year for 15 years, with the first payment occuring one year from now.

i. if the required return is 6%, what is the value of the investment?

ii. what would the value be if the payment occured forever?

E. If you put up $46,000 today in exchange for a 6.75%, 15-year annuity (e.g. same amount of cash flow every year), what will the annual cash flow be?