Hello, please help me with the following questions.

1. Explain the interactions between Market Efficiency, Capital Budgeting, and the Cost of Capital.
2. Explain what is meant by the Top Down Approach and the Buttom Up Approach.
3. Akelius Property Management is considering a project which has an initial start up cost of $840,000.The firm maintains a debt equity ratio of .60.The flotation cost of debt is 8 percent and the flotation cost of equity is 13 percent.The firm has sufficient internally generated equity to cover the equity cost of this project.What is the initial cost of the project including the flotation costs?

4.You are considering two independent projects both of which have been assigned a discount rate of 9 percent.Based on the profitability index, what is your recommendation concerning these projects?SHOW WORKING

Project A Project B

YearCash Flow YearCash Flow

0 -$42,500 0-$45,000

1 $24,000 1$15,000

2 $24,000 2$38,000

5.Barbie and Ken Company needs to purchase new plastic moulding machines to meet the demand for its product.The cost of the equipment is $100,000.It is estimated that the firm will increase operating cash flow(OCF) by $22,000 annually for the next seven years.The firm is financed with 40% debt and 60% equity, both based on market values.The firm's cost of equity is 16% and its pre-tax cost of debt is 8%.The flotation costs of debt and equity are 2% and 8%, respectively.Assume the firm's tax rate is 34%.

1. What is the WACC?

2. What is the NPV of the Proposed Project.

And, if I have 341,506.80, how can I round to the nearest $500?

Thanks in advance.