Suppose you want to have $15 million to retire 25 years from now. How much should you have to invest today if your annual rate of return is equal to 5 percent? Select one: a. $6,666,667.37 b. $21,345.50 c. $600,000.00 d. $4,429.541.58 What is the IRR of the following project? After-tax initial investment = -$8,000; CF1 = $2,000; CF2 = $3,000; CF3 = $4,000; CF4 = $5,000, If the cost of capital is 18 percent, should you accept the project? If you are using trial-and-error method, you can try a range of rates between 22.50 and 22.75 percent. Select one: a. 16.25 percent no b. 22.66 percent yes C. 25.33 precent; yes d. 22.50 percent, yes What is the NPV for a project with an after-tax initial investment of $22,000 and five equal cash flows of $10,200 at the start of each year, beginning with the fourth year? The appropriate discount rate is 16 percent. Should it be accepted? Note: Read the question carefully and draw the timeline. Select one: a. $11,397.80; accept b. $2,820.00; accept C. -$603.45; reject O d. $6,791.20; accept You plan to invest $2,000 in a low-cost index fund every year end, starting this year for the next 20 years. The expected annual return on the fund is 15 percent. What is the present value of your investments? Select one: a. $12,518.66 b. $14,396.00 c. $12,396.50 d. $12,625.70