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Question 23 (4 points) Listen A project initial investment is $250,000 over an expected life of 4 years. The project has a fixed cost of

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Question 23 (4 points) Listen A project initial investment is $250,000 over an expected life of 4 years. The project has a fixed cost of $100,000, with a sale price per unit equal to $40 and a variable cost per units equal to $20. Compute the financial break-even point assuming a 15% discount rate. 1) 9,378 units O2) 9,472 units 03) 9,623 units 4) 9,982 units Question 20 (4 points) Listen Kennesaw Corp. has a beta of 1.42 and a standard deviation of 21.6 percent. The market rate of return is 13.5 percent, and the risk-free rate is 6 percent. What is the cost of equity for Pittsburgh Steel Products? 1) 13.65 percent 2) 14.52 percent 3) 15.65 percent 4) 16.65 percent

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