A project will produce cash inflows of $3,100 a year for 3 years with a final cashinflow of $4,400 in Year 4. The project's initial cost is $10,400. What is the net presentvalue if the required rate of return is 16 percent

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.