Question: Please can someone help me out with these practice problems. Question 2 FastTrack Bikes, Inc. is thinking of developing a new composite road bike. Development

Please can someone help me out with these practice problems.

Question 2 FastTrack Bikes, Inc. is thinking of developing a new composite road bike. Development will take six years and the cost is $200,000 per year. Once in production, the bike is expected to make $300,000 per year for 10 years. Calculate the IRR of the project. Question 3 Find the profitability index of the following project. Buy property for $6,000,000 today. After five years sell the property for $35,500,000. The discount rate is 8%

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