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I understand if you can only answer one. anything helps:) 5. Professional Properties is considering remodeling the office building it leases to Heartland Insurance. The

I understand if you can only answer one. anything helps:)
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5. Professional Properties is considering remodeling the office building it leases to Heartland Insurance. The remodeling costs are estimated at $2.8 million. If the building is remodeled, Heartland Insurance has agreed to pay an additional $820,000 a year in rent for the next five years. The discount rate is 15.94 percent. What is the approximate benefit of the remodeling project to Professional Properties? A. $120,000 B. - $89,000 C. $105,000 D. $108,000 E. - $111,000 6. Joe and Rich are both considering investing in a project that costs $25,500 and is expected to produce cash inflows of $15,800 in Year 1 and $15,300 in Year 2. Joe has a required return of 13.00 percent, but Rich demands a return of 14.50 percent. Who, if either, should accept this project? A. Joe, but not Rich B. Rich, but not Joe I C. Neither Joe nor Rich D. Both Joe and Rich E. Joe, and possibly Rich, who will be neutral on this decision as his net present value will equal zero

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