Question $1$

A project costs $$140$ million to set up$,$ and returns $$61$ million dollars in each of the first three years of operation. What is the net present value of the project with a discount rate of $6\%?$Please write your answers in dollars.$$Write $$15$m as $"$$$15000000\mathrm{.}00".$If the answer is negative,$$blackboard can only read it if you type as $"$$$-15000000\mathrm{.}00".$ Please do not enter your answers as $"-$$$15000000\mathrm{.}00".$ Question $2$

$$ A project costs $$171$ million to set up$,$ and returns $$2$ million in year $1,$$$49$ million in year $2,$ and $$17$ million in year $3.$ What is the net present value of the project with a discount rate of $7\%?$ Please write your answers in dollars. Write $$15$m as $"$$$15000000\mathrm{.}00".$ If the answer is negative, blackboard can only read it if you type as $"$$$-15000000\mathrm{.}00".$ Please do not enter your answers as $"-$$$15000000\mathrm{.}00".$

Question $10$

A project costs $$15$ million today, and generates revenues of $$8$ million per year for the first $6$ years, what is the payback period of the project?$$

$1\mathrm{.}5$ Years

$1\mathrm{.}875$ Years

$1\mathrm{.}75$ Years

$2$ Years