1 through 4 pleass

.- UUTU Answer the following questions as clearly and concisely as possible. Insert spaces as necessary to fit your answers. Leave at least one blank space between questions. 1. When making a capital investment decision, what is the significance of the discount rate. In other words, what does the discount rate (or "hurdle" rate) represent? 2. Why is an amount of money in received in the future worth less than the same amount of money received today? 3. When evaluating a capital investment decision, what is the difference between a sensitivity analysis and a scenario analysis? Why are these types of analyses necessary? 4. Give two reasons why a company's cost of equity is always greater than its cost of debt. (Hint: one has to do with risk, and the other with taxes.)