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need help with these 2 asap please and use CALCULATOR features whenever possible You MUST use the TI BA II calculator features (N, I/Y, PV,
need help with these 2 asap please and use CALCULATOR features whenever possible
You MUST use the TI BA II calculator features (N, I/Y, PV, PMT, FV, AMORT) to solve questions whenever possible. 1. Compute the present value of a debt of $708.13 eighty days before it is due if money is worth 5.3% ? (5 marks) 2. The Kellogg Company must make a decision about expanding its production facilities. Research indicates that the desired expansion would require an immediate outlay of $60,000 and an outlay of a further $60,000 in 5 years. Net returns are estimated to be $15,000 per year for the first 5 years and $10,000 per year for the following 10 years. Calculate the net present value of the project. (5 marks) Should the expansion project be undertaken if the required rate of return is 12% 
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