Nico Manufacturing is considering investment in one of two mutually exclusive projects X and Y which are described below. Nico Manufacturing's overall cost of capital is 15 percent, the market return is 15 percent and the risk-free rate is 5 percent. Nico estimates that the beta for project X is 1.20 and the beta for project Y is 1.40Project XInitial Investment = $3,500,000Cash Inflowsyear 1 $1,500,000year 2 $1,500,000year 3 $1,500,000year 4 $1,500,000Project YInitial Investment = $3,900,000Cash Inflowsyear 1 $1,100,000year 2 $1,600,000year 3 $1,900,000year 4 $2,300,0001) Calculate the risk-adjusted discount rates for project X and project Y2) Using the risk-adjusted discount rate method of project evaluation, find the NPV for projects X and Y. Which project should Nico select using this method?3) Calculate the NPV of Projects X and Y assuming that the firm did not employ the RADR method and instead used the firm's overall cost of capital to evaluate projects X and Y

Which statement best defines a grant? a grant is an educational plan in which students alternate between studying for school and gaining work experience. a grant is a loan offered to students to pay for education-related expenses. a grant is money given by an organization for a specific purpose. a grant is a loan offered to anyone who is thinking about attending college.

What are the main advantages and disadvantages of organizing a firm as a c corporation? the advantages are: (select all the choices that apply.) a. there is no limit on the number of owners a c corporation may have, thus allowing the corporation to raise substantial amounts of capital. b. the life of the business can continue beyond the death of any of the owners. c. the corporation can use the assets of the owners to pay for corporate liabilities. this attracts smaller investors to the corporation. d. the liability of the owners is limited to the amount of their investment in the firm. the disadvantages are: (select all the choices that apply.) a. income to a c corporation is subject to double taxation, once at the corporate level and again when received by the owners in the form of a dividend. b. the life of the business usually ends with the death of any of the owners. c. the c corporation is more complicated and more expensive to set up than other business entities. d. corporate liabilities can be passed on to the share

Claire wants to include animations in her presentation slides. which element of the presentation program’s interface will have the options for animation? claire should use the to include animations in her presentation slides.