You are estimating a potential project's cash flows. If this project requires additional factory floor space that leads to loss of rental income (unused space is currently rented out as retail space to other companies), which of the following term is most correct in describing this situation: externalities. cannibalization. synergy. sunk cost. none of the above. A preferred stock has a stated dividend of 10% on a par value of $40. This problem description applies to the next TWO multiple-choice questions: The preferred dividend on this stock is closest to: $4 $5 $8 $10 $40 If its yield is currently rated at 8% (i.e. the market rate), then the price (i.e. Present Value) of this preferred stock is closest to: $10 $40 $50 $80 $1,000