50 Consider a three-year project with the following information initial fixed asset investment - $347.600, straight-line depreciation to zero over the three-year life; zero salvage value price per unit - $49.99, variable costs per unit - $30.82 fixed costs per year $187,000; quantity sold per year 65,500 units tax rate = 35 percent. How sensitive is OCF to an increase of one unit in the quantity sold? 943 Multiple Choice $12.46 $1167 58.67 $9.00 $13.40 Consider the following information on Stocks I and II: State of Economy Recession Normal Irrational exuberance Probability of State of Economy .25 .60 .15 Rate of Return if State Occurs Stock I Stock Il .04 -22 .15 .16 .45 .22 Book rint rences The market risk premium is 7 percent, and the risk-free rate is 4 percent. a. Calculate the beta of each stock. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Calculate the standard deviation of each stock. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) c. Which stock has the most systematic risk? d. Which one has the most unsystematic risk? e. Which stock is "riskier