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FIN 571 Week 1 Connect Problems ( Math and Accounting Review )
35 . When computing WACC , you should use the : 36 . The cost of preferred stock : 37 . No matter how many forms of investment analysis you employ : 38 . Which statement concerning the net present value ( NPV ) of an investment or a financing project is correct ? 39 . The net present value method of capital budgeting analysis does all of the following except : 40 . Graham and Harvey ( 2001 ) found that _____ were the two most popular capital budgeting methods . 41 . The primary reason that company projects with positive net present values are considered acceptable is that : 42 . What is the net present value of a project with an initial cost of $ 36,900 and cash inflows of $ 13,400 , $ 21,600 , and $ 10,000 for Years 1 to 3 , respectively ? The discount rate is 13 percent . 43 . Flatte Restaurant is considering the purchase of a $ 10,800 soufflé maker . The soufflé maker has an economic life of five years and will be fully depreciated by the straight-line method . The machine will produce 2,400 soufflés per year , with each costing $ 2.80 to make and priced at $ 5.65 . Assume that the discount rate is 16 percent and the tax rate is 35 percent . What is the NPV of the project ? Should the company make the purchase ? 44 . A project costing $ 6,200 initially should produce cash inflows of $ 2,860 a year for three years . After the three years , the project will be shut down and will be sold at the end of Year 4 for an estimated net cash amount of $ 3,300 . What is the net present value of this project if the required rate of return is 11.3 percent ? 45 . Down Under Boomerang , Inc ., is considering a new three-year expansion project that requires an initial fixed asset investment of $ 2.73 million . The fixed asset will be depreciated straight-line to zero over its three-year tax life , after which it will be worthless . The project is estimated to generate $ 2,090,000 in annual sales , with costs of $ 785,000 . The tax rate is 30 percent and the required return is 13 percent . What is the project ’ s NPV ?
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FIN 571 Week 1 Connect Problems ( Math and Accounting Review )

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