Dow Chemical has been presented with an investment opportunity which will yield end of year cash flows of $3,350 per year in Years 1 through 4, $3,450 per year in Years 5 through 9, and $8,800 in Year 10. This investment will cost the firm $6,850 today, and the firm's required rate of return is 7 percent. What is the NPV for this investment? Group of answer choices $19,762.30 $1,976.23 $21,738.53 $17,786.07 $23,714.76

Bristol Myers Squibb has been presented with an investment opportunity which will yield end of year cash flows of $3,650 per year in Years 1 through 4, $2,900 per year in Years 5 through 9, and $10,150 in Year 10. This investment will cost the firm $14,144 today, and the firm's required rate of return is 14 percent. What is the IRR for this investment? Group of answer choices 8.88% 22.20% 2.22% 2.22% 15.54%

General Motors estimates that its required rate of return is 18 percent. The company is considering two mutually exclusive projects whose after-tax cash flows are as follows: Year Project S Project L 0 ($320) ($985) 1 650 (450) 2 435 805 3 360 375 4 (410) 455 What is the modified internal rate of return (MIRR) of each project? Group of answer choices MIRRS = 40.55%; MIRRL = 6.35% MIRRS = 38.10%; MIRRL = 9.73% MIRRS = 40.96%; MIRRL = 10.25% MIRRS = 47.11%; MIRRL = 7.58% MIRRS = 27.45%; MIRRL = 11.78%