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ARP Inc. has 2 million shares outstanding and a P/E ratio of 16. Its earnings per share are $2.00. What is ARP's market capitalization? $2,000,000
ARP Inc. has 2 million shares outstanding and a P/E ratio of 16. Its earnings per share are $2.00. What is ARP's market capitalization? $2,000,000 $24,000,000 $96,000,000 $64,000,000 Suppose your firm is considering two mutually exclusive, required projects with the cash flows shown as follows. The required rate of return on projects of both of their risk class is 8%, and the maximum allowable payback and discounted payback statistic for the projects are 2 and 3 years, respectively. Use the NPV decision rule to evaluate these projects. Which project(s) should be accepted or rejected? Accept both A and B Accept A, reject B Reject A, accept B Accept neither A nor B
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