Question: Question 8 (2 points) Consider an investment that will return $1,500 at the end of every year for the next 45 years. The discount rate

Question 8 (2 points) Consider an investment that will return $1,500 at the end of every year for the next 45 years. The discount rate is 6%. What is the present value of this series of cash flows? BE SURE TO round your answer to two decimal points and LABEL your answer (eg- $10,060.45, 43.88%, 34.22:1, etc.) A/ Question 9 (2 points) Tragically Hip International is considering a new capital investment project. They can invest $103,000 and generate cash flows of $11,500 each year at the end of the next 12 years. Calculate the Internal Rate of Return for the project. IMPORTANT: For full credit, round your answer to two decimal points and label it (Examples: $11,234.78,-$11,234.78, 11.23%, 11.23:1)
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