1. Project L costs $57,660.75, its expected cash inflows are $13,000 per year for 9 years, and its WACC is 13%. What is the project's IRR? Round your answer to two decimal places.
2. Project L costs $40,000, its expected cash inflows are $13,000 per year for 6 years, and its WACC is 14%. What is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.
3. How smartcontract helps and solves problems in companies or financial institutions ?