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Dan is the CEO of a company and is considering a new project that, if accepted, would add $3 milion to the value of the

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Dan is the CEO of a company and is considering a new project that, if accepted, would add $3 milion to the value of the company's equity. If Dan decides to proceed with the project, he realizes tha he will have to work 15 extra hours each week for one year, the value to him of losing this leisure time ia $134,000. Assume that his saiary will not be adjusted to reflect this extra work and that the net benest to him is his only consideration in deciding whether or not to proceed with the project. Complete parts (a) through (e) below. a. What would his decision be it he owned 100% of the companys equity? If Dan were to accept the project, his shareholdings would increase in value by 33 .ompared to it he were to reject the project He would. the new project (Do not round untir the finwl anwwer. Then round to the nearest delar.)

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