Question 4 (3.33 points) A company has a total of $1,000 in funds to allocate to next year projects. If the company has the following proposed projects, what is the combination of projects that should be accepted? NPV Project cost Project A $ 120 $ 400 Project B $ 150 $ 500 Project C $ 180 $ 600 Project D $ 100 $ 300 Project E $ 75 $150 1) A and B only 2) C and D only 3) A, D and E only 4) C, D and E only Question 7 (3.33 points) A firm has preferred stocks outstanding. If the preferred stock is selling at $34 and the preferred dividend is $3.5 a year, what is the cost of the preferred stock? 1) 9.45% O2) 10.29% 3) 10.87% 4) 13.5% Question 8 (3.33 points) You sold 100 put for $6, bought 120 put for $14, commission $2. Your Maximum gain is: 1) $8 O2) $2 3) $14 4) unlimited