(c) Consider a cash flow of $10 every period in perpetuity starting one period from now (period t=0). What would be its price under continuous compounding of a 10% annual rate? show all work

4. You have been asked by your boss to evaluate three mutually exclusive projects. The cash flow estimates and costs of each project are given below 1 4 5 6 T-0 Project -3790 200 600 300 1000 2800 3790 1000 1000 1000 1000 1000 Project 5400 Project 3790 0 (all numbers are in thousands of dollars) As precisely as you can, describe how the most preferred project is related to the cost of capital