pls solve these two 13&15

Kathleen Dancewear Co. has bought some new machinery at a cost of $2,250,000. The impact of the new machinery will be felt in the additional annual cash flows of $1,100,000 over the next six years. What is the payback period for this project? If its acceptance period is 2.5 years, will this project be accepted? round to nearest . 3 years; yes it will be accepted 2 years; yes it will be accepted 3 years: no it will not be accepted 2 years; no it will not be accepted. Jeremy Kohn is planning to invest in a 7 -year bond that pays a 12 percent coupon. The current market rate for similar bonds is 8 percent. Assume semiannual coupon payments. What is the maximum price that should be paid for this bond? (Do not round intermediate computations. Round your final answer to the nearest dollar.) $1,000 $951 $1188 $1.211