1. A project's cash flows were discounted at a cost of capital of 10%. It's Net Present Value of calculated to be - 32,000. Therefore, the project's IRR is A. equal to 10% B. less than 10% C. greater than 10% D. undetermined, since we don't have the actual cash flows provided in the question 2. Stuart Industries has an ROA = 6.0% and an ROE = 16.2%. The book equity of the firm = 300 million. What is the book asset value of the firm? A. W810 million B. 1,110 million C. 1,230 million