1. If a firm buys on trade credit terms of 2/15, net 90 and decides to forgo the trade credit discount and pay on the net day, what is the annualized cost of forgoing the discount? (assume a? 365-day year)? Round to 2 decimal places.
2. Project L costs $40,000, its expected cash inflows are $8,000 per year for 8 years, and its WACC is 9%. What is the project's MIRR? Round your answer to two decimal places
3. Project L costs $59,430.40, its expected cash inflows are $12,000 per year for 10 years, and its WACC is 10%. What is the project's IRR? Round your answer to two decimal places.