Locate the NPV of the project that requires a $100,000 initial investment, generates $20,000 annual revenue for 10 years starting next year, and requires an additional expense of $10,000 to close the project at the end of the tenth year. Lets say the required rate of return is 12%

Question 14 options:

	$3,004
	$9,785
	$13,004
	$14,157

A restaurant requires a $10,000 initial investment and generates $3,000 annual profit for 8 years. Assume the required rate of return is 12%. Find the EEA of this restaurant.

Question 15 options:

	$987
	$613
	$399
	$0

Find D/E ratio for a firm with 20% cost of equity, 10% pre-tax cost of debt, and 40% corporate tax rate if the firm's WACC is equal to 14%

Question 17 options:

	0.40
	0.43
	0.57
	0.75

A. 0.40 B. 0.57 C. 0.43 D. 0.75