Help. I need help at arriving at the correct answers of the following along with detailed explanations. I would appreciate it.

Problem 10.01

Umbrella Corp. management is planning to spend $650,000 on a new marketing campaign. They believe that this action will result in additional cash flows of $342,000 each year for three years. If the discount rate is 17.5 percent, what is the NPV on this project? (Enter negative amounts using negative sign e.g. -45.25. Do not round discount factors. Round other intermediate calculations and final answer to 0 decimal places, e.g. 1,525.)

Problem 10.04

Management of Wynter Mints, a confectioner, is considering purchasing a new jelly bean-making machine at a cost of $312,500. They project that the cash flows from this investment will be $125,000 for the next seven years. If the appropriate discount rate is 14 percent, what is the NPV for the project? (Enter negative amounts using negative sign, e.g. -45.25. Do not round discount factors. Round other intermediate calculations and final answer to 0 decimal places, e.g. 1,525.)

Problem 10.11

Management of TM Louis, a confectioner, is considering purchasing a new jelly bean-making machine at a cost of $278,007. They project that the cash flows from this investment will be $103,600 for the next seven years. If the appropriate discount rate is 14 percent, what is the IRR that TM Louis management can expect on this project? (Do not round discount factors. Round other intermediate calculations to 0 decimal places e.g. 15 and final answer to 2 decimal places, e.g. 5.25%.)

Problem 10.12

Wynter Mints Inc., a resort management company, is refurbishing one of its hotels at a cost of $7,622,767. Management expects that this will lead to additional cash flows of $1,760,000 for the next six years. What is the IRR of this project? If the appropriate cost of capital is 12 percent, should Wynter Mints go ahead with this project? (Round answer to 2 decimal places, e.g. 5.25%.)

a. The IRR of this project is :

b.) %The firm should accept or reject

the project