store has 5 years remaining on its lease in a mall. Rent is $1,900 per month, 60 payments remain, and the next payment is due in 1 month. The malrs owner plans to sell the oroperty in a year and wants rent at that time to be high so that the property will appear more valuable. Therefore, the store has been offered a "great Geal' (owner's words) on a new 5-year lease. The new lease calls for no rent for 9 months, then payments of $2,700 per month for the next 51 months. The lease cannot be broken, and the store's wace is 12% (or 1% per menth) a. Should the new lease be accepted? (Hint: Be sure to use 1 per month.) b. If the store owner decided to bargain with the mail's owner over the new lease payment, what new lease payment would make the store obner indifferent between the new and old leases? (Hint: Find FV of the old lease's original cost at t=9; then treat this as the PV of a 51 -period annuity whose payments represent the rent during months 10 to 60. ) Do nok round intermediate calculations- Round your arswer to the nearest oent: c. The store owner is not sure of the 12% WACC-it could be higher or lower. At what nominal waCC would the store owner be indiferent between the two liases? (Mint: Calculate the differences between the two payment streams; then find ins ThR.) Do not round latermediate calculations. Round your arswer to two decimal places. of Project A requires an initial outlay at f=0 of 54,000 , and its cash flows are the same in Years 1 through 10 . Its tart is 14%, and its wacC is 9%. What is the projec's Mied? Do not round intermediate calculatons. Round your answer to two deomal places