You are analyzing a proposed project and have compiled the following information: Required payback period 3 years Required return 11 percent a) What is the net present value of the proposed project? b) What is the discounted payback period? c) Should the proposed project be accepted based on the profitability index (PI)? You are considering a project that will generate sales of $89,000, costs of $56,000, and annual depreciation of $26,000 he tax rate is annual depreciation of $26,000. What is the value of the operating cash flow if the tax rate is 34 percent? You purchased 100 shares of Resorts, Inc. stock at a price of $35.87 a share exactly one year ago. You have received dividends totaling $1.05 a share. Today, you sold your shares at a price of $46.26 a share. What is your total dollar return on this investment? The risk-free rate of return is 4 percent and the expected return on the market is 13.5 percent. What is the expected return for a stock with a beta of 1.16? A portfolio is expected to give returns of 5 percent in a normal economy, loss 10 percent in a recessionary economy, and return 20 percent in a boom economy. The probability of recession is 30 percent while the probability of a boom is 10 percent. What is the variance the portfolio? Your firm has a cost of equity of 14 percent and a pre-tax cost of debt of 9 percent equity proportion is 0.7 and the debt proportion is 0.3 and has a tax rate of 35 percent. the firm's weighted average cost of capital? Best Foods, Inc. has an unlevered cost of capital of 10 percent. The company earnings before interest and taxes of $4.250 per year and has a tax rate of 35 percent adds $10,000 of debt to its capital structure, what is the value of the levered firm