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A grant of authority by a shareholder allowing for another individual to vote his/her shares is a Select one: a. Dual class stock. b. Cumulative

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A grant of authority by a shareholder allowing for another individual to vote his/her shares is a Select one: a. Dual class stock. b. Cumulative voting right. O c. Proxy c d. Preferred stock. e. Specialist. The equipment required for a four year project costs $60,000 and belongs in a 20% CCA class. The project generates after-tax operating income of S13,750 and the fixed assets will be sold for $7,000 at the termination of the project. If the firm has a tax rate of 34% and a required return of 10%, what is the NPV? Select one: a. S265 O b. $1,133 c. $2,261 O d. $1,839 e. $2,842

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