When a manager develops a cost of capital for a specific project based on the cost of capital for another firm that has a similar line of business as the project, the manager is utilizing the _______ approach. Security market line. Capital adjustment. Pure play. Subjective risk. Divisional cost of capital. Mahjong, Inc., has identified the following project: What is the IRR for the project? 23.69% 21.43% 23.24% 21.88% 22.56% Continue from prior question. If the required return is 11%, what is the NPV for the project? 8, 761.46 8, 093.92 8, 594.58 7, 927.04 8, 344.25 Continue from prior quesiton. What is the payback period of the project? 2.20 years 1.71 years 2.60 years 3.00 years 2.53 years You own a stock portfolio 15 percent in Stock Q, 25 percent in Stock R, 15 percent in Stock S, and 45 percent in Stock T. The betas for these four stocks are 0.59, 1.19, 1.28, and 1.74, respectively. What is the portfolio beta? 1.33 1.36 1.39 1.43 1.29 If you put up $35,000 today in exchange for a 8.00 percent, 18-year annuity, what will you put the annual cash flow be? 3, 734.57 3, 997.43 3, 479.44 1, 944.44 8, 583.55