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1pts Johnson Entertainment Systems is setting up to manufacture a new line of video game consoles. The cost of the manufacturing equipment is $1.750.000. Expected

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1pts Johnson Entertainment Systems is setting up to manufacture a new line of video game consoles. The cost of the manufacturing equipment is $1.750.000. Expected cash flows over the next four years are $725.000, 5850.000, 51.200.000, and $1.500.000 Given the company's required rate of return of 15 percent, should Johnson systems accept this project? Why? (Do not round intermediate computations. Round final answer to nearest dollar) None of these are correct Yes, the project should be accepted because NPV is - $1.669.806 No, the project should be rejected because NPV is $1,169,806, Yes, the project should be accepted because the NPV is $1.169,806, No, the project should be rejected because NPV is - $4,669,806 Question 28 1 pts Each quarter, Transam, Inc. pays a dividend on its perpetual preferred stock. Today, the stock is selling at $83.45. If the required rate of return for such stocks is 10.5 percent, what is the quarterly dividend paid by the firm? (Do not round intermediate calculations. Round final answer to two decimal places.) $2.19 $10.50 $8.76 $2.63

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