1. Hall Corporation plans to invest $5.5 million in rehabilitating a certified historic structure. Calculate the net present value of this investment based on Hall's allowable rehabilitation credit. Assume Hall uses a 5 percent discount rate to calculate present value. 2. Griffin Corporation received $50,000 of dividend income from Eagle, Inc. Griffin owns 5 percent of the stock of Eagle. Griffin's marginal tax rate is 21 percent. a. Calculate Griffin's allowable dividends-received deduction and the tax due from the dividend received from Eagle after deducting DRD How would your answers to part a change if Griffin owned 55 percent of the stock of Eagle? How would your answers to part b change if Griffin owned 85 percent of the stock of Eagle? b. c