Question 15 2 pts You are considering a project that has a correlation with the market returns of 0.5, expected returns of 11%, and a standard deviation of 12%. The expected market returns are 13% with a standard deviation of 7% and the risk free rate is 3%. If your firm is all equity financed should you accept the project? O No Doesn't matter Yes O Can't tell Question 16 2 pts You expect a project's post-tax incremental cash flows to start at $4,000 next year (t=1) and grow by 4% per year until time 11. Beginning after time 11, you expect cash flows to grow at 3% in perpetuity. Assuming an opportunity cost of capital of 12% what is the value today (at t=0) of the after-tax horizon value at time 10 (i.e., the present value of cash flows arriving after t=10)? O $21,182 O $23,836 O $20,577 O $22,486 Question 18 2 pts Incremental cash flows for a project are estimated to be -$120,000 today and then $10,000 per year for the next ten years (i.e., time 1 through time 10). You are not sure what the cash flows are going to be at time 11 and beyond, but you assume that the eleventh period cash flow will grow by 2% in perpetuity. What is the minimum eleventh period cash flow that would make this project positive NPV if the discount rate is 8%? o None of the above O 7.15 06.15 O 7.85 06.85