Year Cash Flow 1 $695,000 2 876,250 3 1,057,500 4 1,238,750 5 1,420,000 1. Calculate the IRR and NPV of this project utilizing a 12% discount rate and a 15% cap rate. Ms. Brown was able to secure a loan for $1,540,000, and an equity investor agreed to invest the remaining $660,000 in exchange for 20% ownership in the project. 2. What is the loan-to-value ratio for this project? 3. What would the investors ROI be for this 5-year project if the restaurant achieved its budgeted operating results for the year? 4. If the investor has a hurdle rate of 15%, does this project meet or exceed the investors requirements?

DO NOT COPY FROM CHEGG I NEED A FULL EXPLANATION