1. Macy Pharmacy has been presented with an investment opportunity which will yield cash flows of $30,000 per year in Years 1 through 4, $35,000 per year in Years 5 through 9, and $40,000 in Year 10. This investment will cost the firm $150,000 today, and the firm's cost of capital is 10%. What is the discounted payback period for this investment?
2. Consider Shasta Faculty Practice (see below).Consider thesurgeryclinic and theassists/works alone scenario at 50%.What is the breakevengrowth rate in volume (assumed total volume increase)?Allow for a little rounding.

Shasta Outpatient Surgery Pre- and Post-Op Clinic

Physician *FTEs 2.5

Physician costs $485,000

Physician fees (collections) $842,481

Daily patient utilization 36

Number of days per week 5

Number of weeks per year 42

Annual patient utilization 7.560

Number of visits per physician 3.024

Shasta lnternal Medicine (Family Practice) Clinic

Physician *FTEs 2.0

Physician costs $273,500

Physician fees (collections) $523,290

Daily patient utilization 30

Number of days per week 4

Number of weeks per year 46

Annual patient utilization 5,520

Number of visits per physician 2,760

Shasta Eldercare Clinic

Physician *FTEs 2.25

Physician costs $335,000

Physician fees (collections) $454,219

Daily patient utilization 23

Number of days per week 4

Number of weeks per year 48

Annual patient utilization 4,416

Number of visits per physician 1,963

*FTE: Full time equivalent