0 - Test 5- Requires Respondus LockDown Browser Time Left:1:16:56 Ralph King: Attempt 1 Question 39 (0.125 points) What provision entitles the common shareholder to maintain a proportionate share of ownership in a firm? the preemptive right the convertible feature the cumulative feature the proportionality clause Question 40 (0.125 points) The company's required rate of return or weighted average cost of capital is 8%. After computing Payback Period, NPV, PI, and IRR, state whether you would accept or reject each project. Management's arbitrarily set payback period is 2.75 years. Project Bart details; Initial Outlay = $118,736; Cash Inflows = Year 1 $60,000 Year 2 $50,000 Year 3 $28,000. Would Project Bart be accepted or rejected? A) Accepted B) Rejected Page