Question 3 (1 point) Verizona is expanding and expects operating cash flows of $28,500 a year for seven years as a result. This expansion requires $28,000 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires initial $2,800 of net working capital which will be recouped at the end of the project. What is the net present value of this expansion project at a required rate of return of 14 percent? OA) $92,535.67 B) $121,033.33 OC) $98,968.13 D) $109,688.89 E) $111,369.91 Question 4 (1 point) Saved Merck stock has a beta of 2.0. The risk-free rate of return is 4.34 percent and the 4,186 INC 14 10 MacBook AL