Q 1) A project has an initial outlay of $225,000 and is expected to have net after-tax cash flows of $60,000 for the first year, $70,000 for the second year, $80,000 for the third year, and $90,000 for the fourth year. The projects risk adjusted discount rate is 10%. What is the approximate net present value of a project Group of answer choices $8,973 $2,378 - $8,973 $9,873

Q2) You are considering investing in a project with an initial outlay of $50,000 and the following year end net cash flows; Yr1: $17,000, Yr2: $17,000, Yr3: $12,000, Yr4: $12,000, Yr5: $9,000. Calculate the projects IRR

Group of answer choices

14%

13%

12%

11%