QUESTION 17 Dole Enterprise is considering an investment project with the following information: Initial investment: $1,700,000; Fixed costs: $350,000: Variable costs: $10.20 per unit; Selling price: $31.80 per unit: Discount rate: 16 percent; Project life: 6 years; Tax rate: 25 percent. Fixed assets are depreciated using straight-line depreciation over the project's life. What is the financial break-even point? 34,187 37,563 40,310 43,280 46,700 QUESTION 18 Consider a five-year project with the following information initial fixed asset investment -$420,000; straight-line depreciation to zero over the five-year life; zero salvage valuo; price $32/unit; variable costs = $15.60/unit; fixed costs - $148,000 per year, quantity sold - 100,000 units per year; tax rate - 25%. How sensitive is OCF to changes in quantity sold (ie, how much does OCF change given an increase of one unit sold in a year)? $13.87 $10.26 $11.72 $12.30 $9.15 QUESTION 19 Dutton Biotech is a young firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 19% a year for the next four years and then decreasing the growth rate to 7% per year. The company just paid its annual dividend in the amount of $1,40 per share. What is the current value of ono share if the required rate of return is 15%? $27.26 $27.57 $27.85 $28.03 $28.36 OOC