3. The process of identifying projects which will produce positive cash flows is called: a. working capital management. b. financial depreciation. c. agency cost analysis. D. capital budgeting. e. capital structure. The preferred stock of Placer Corp. currently sells for OMR44.44 per share. The annual dividend of OMR4 is fixed. Assuming a constant dividend forever, what is the rate of return on this stock? Select one: O a. 8.0% O b.9.0% O C. 10.0% d. 7.0% e. 11.0%