11. You wish to borrow $2,000 to be repaid in 12 monthly instalments of $170.30. The annual interest rate is (blank) A. 24% B. 4% C. 0.04% D. 22% 12. Which of the following is a typical capital budgeting decision? A. Purchase of office supplies B. Granting credit to a new customer C. Replacement of manufacturing equipment with more modern and efficient equipment D. Financing the firm with more long-term debt and less equity 13. Green Company's ordinary shares are currently selling at $24.00 per share. The company recently paid dividends of 1.92 per share and projects growth at a rate of 4%. At this rate, what is the share's expected rate of return? A 4.08% B. 8.00% C. 12.00% D. 8.80% Page 3 of 12 14. Your company is considering a project with the following cash flows: Initial outlay - $1.748.80 Cash flows in years 1-6 - $500 Calculate the IRR on the project. A 9% B 11% C 18% D. 24% man will on 16tum. a 30% chance of getting a 14% return, a 40%