1) ABC is considering a project with an initial cost of $46,800, and cash flows of $8,500, -$25,000, -$19,000, $12,000 and $4,500 for Years 1 to 5, respectively. How many internal rates of return do you expect this project to have?

2) YY just paid $1.50 as its annual dividend and increases its dividend by 2.5 percent each year. What will YY's stock price be in six years at a discount rate of 12.25 percent?

3) Consider a bond with a coupon rate of 8 percent that pays semiannual interest and matures in eight years. The market rate of return on bonds of this risk is currently 13 percent. What is the value of a $1,000 face value bond after one year from now?