In 2017, Leonard da Vinci’s painting “Salvator Mundi” was so…

In 2017, Leonard da Vinci’s painting “Salvator Mundi” was sold for $450,000,000.  Assume that this painting was worth $10 when it was painted 527 years earlier in 1490.  Had the painting been purchased by your relative and passed on to you, what annual return on investment would your family have earned on the painting?

Your required return is 15%. Should you accept a project wit…

Your required return is 15%. Should you accept a project with the following cash flows?                         Year                                 0                1                2                3                         Cash Flow                     -$25           $10            $10            $25