need detail for answers

Bill plans to open a do-it-yourself dog bathing center in a storefront. The bathing equipment will cost $160,000. Bill expects the after-tax cash inflows to be $40,000 annually for seven years, after which he plans to scrap the equipment and retire to the beaches of Jamaica. Assume the required return is 15%. What is the project's Pl? Should it be accepted? O a. 0.88; yes O b. 1.04; yes Oc. 0.88; no O d. 1.04; no O e. 1.00; indifferent You just won a lottery, that will pay you $100,000 per year, for 50 years. If the discount rate is 7%, what is this worth to you today? O a. $1,576,186.06 O b. $5,000,000 O c. $1,321,216.34 O d. $1,380,074.63 Ajax Corp. has a bond with a coupon rate of 12%, maturing in 15 years at $1,000 per bond. The current market price is $960. What is the current yield? O a. 12.0% Ob 12.8% O c. 11.5% O d. 12.6% Next page