Please answer these questions for the course BUSINESS FINANCE 1:

1. Present Value and Multiple Cash Flows. Ancelet Co. has identified an investment project with the following cash flows. If the discount rate is 10 percent, what is the present value of these cash flows? What is the present value at 18 percent? At 24 percent? Year Cash Flow 1 2 3 4 $ 800 500 1,300 1,480 2. Present Value and Multiple Cash Flows. Investment X offers to pay you $5,500 per year for 9 years, whereas Investment Y offers to pay you $8,000 per year for 5 years. Which of these cash flow streams has the higher present value if the discount rate is 6 percent? If the discount rate is 22 percent