Question 9: You are evaluating an 8-year project where you need to invest $1,000 upfront. Years 1, 2, and 3 produce income figures of $100, $200, and $300 respectively. In Year 4 you need to invest another $500. In Year 5 another $400 comes your way. In Year 6 you need to invest another $200. Year 7 produces $600 in income and Year 8 produces $700. Your discount rate is 8%. What is the NPV of this project? What is the IRR? How would you evaluate these results? Please draw your timeline. Question 10: XYZ Corporation stock pays a dividend of $3.25 for the next 5 years. Return on equity is 7%. After 5 years, XYZ intends to cut the dividend by $0.50 and expects an annual growth rate of 2% as a result. What is the value of the stock today? Do you have any reservations about using the Dividend Discount Model for pricing a stock? If so, why