Question: 98.-You are considering a new project with a net present value of $25,000 and an initial cash outlay for fixed assets of $120,000. You are

98.-You are considering a new project with a net present value

98.-You are considering a new project with a net present value of $25,000 and an initial cash outlay for fixed assets of $120,000. You are planning on funding this project by selling 2,500 new shares of stock. Currently, your firm has 45,000 shares of stock outstanding and a book value per share of $30. What will the new book value per share be if you accept this project? ~A. $28.42B.~$28.95C.-$30.95D.~$31.47E.~$33.22

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