Suppose that you have an opportunity to invest in your cousin's burgeoning ecommerce business. If you were to invest $5,000 now, your cousin guarantees that you will receive the following cash flows: $2,000 at the end of 2 years, $2,000 at the end of 4 years, and $3,000 at the end of 6 years. In order to finance this investment, you would withdraw cash from your TFSA which is generating returns at a rate of 6% compounded annually. Determine (a) the Net Present Value of this investment opportunity, (b) what your net profit or loss on this investment would be, and (c) state whether or not this investment would be profitable. Round your answers to the nearest cent. Suppose that for a direct Toronto to Vancouver route, Air Canada will schedule 1,000 seats daily when the fare is $1,000 per seat, and 1,150 seats daily when the fare is $1,300 per seat. Find the supply equation for this particular route, assuming that price p and quantity q are linearly related. Express your equation in the slope-intercept form, using variables p and q, where price p would be plotted on the vertical axis and quantity o would be plotted on the horizontal axis. On January 1st, 2020, an investment portfolio was valued at $10,000. Due to COVID-19 concerns, world markets plummetted in value in early 2020, and as of April 1st, 2020 the portfolio had a value which was only 75% of its value at the beginning of the year. Stock markets have proven to be resilient over time, so assuming that markets recover at an annual rate of 6.5% compounded quarterly, how long will it take for the portfolio to recover to its January 1st, 2020 value? Express your answer in years rounded to one decimal point