Graduates of a local business school will make an average initial salary of 548,317.00. Let's assume that salaries will grow at 3.00% in perpetuity for these graduates. We will assume that students want a 6.00% return on their tuition investment If we simplify college tuition, what is the NPV of attending college if the cost of attending a 4-year college is valued at $181.774.00 today? Submit Answer format: Currency Round to: 2 decimal places. Suppose that you own a land development company. You have the opportunity to buy a parcel of property today for $400,000.00. Once you own the property, you will have to invest in infrastructure (sewer lines, electric grid, etc.). This will require another investment in year 1 of $200,000.00. You will then sell the parcel in year 2 for $800,000.00 to builders. If the cost of capital is 10.00%, what is the NPV of this opportunity to your company? Submit Answer format: Currency: Round to: 2 decimal places