[ Review / side learning: Recal the balance-sheet view of the enlerprise a. It is shaped like an inweried L. The enterprise consists of a frm's current assets (the fop-lett part of the balance sheet), the firm's current liabilies (the topright part of the balance sheet), and the firm's long-tarm assets (the bottom-left part of the balance shoot). It does not include the middle-nght piece of the balance sheet (i.e., the long-term liabilities), nor does it include the bottom-fight piece (0.e., onners' Bquity).] S91 is evaluating a neww project, to make scilar-powered airplanes. The project requires an initla cudiay of $1,050,000 and offers anticipaled future cash flows of $240,000 at the ends of years 1.6, 1. Using the firm-lenel required return as the required return in calculating the airplanes projocr's NPV, what will be the project's NPY? Arawer. $ [Round your answer to the neareat dollar. For a negative number. just put a minus in front of your entry] Using the NPV decision rule, should SSI accept or reject the project? Answer: reject.] Enber just ane wcreti accept of II. Further analysis indicales that the airplanes project has a beta of 2.60. In other words. this new potential project is riskienjater [piek one) than the overal SSI enterprise that currently exists. Answer: Use this project-specific beta and the CAPM to determine the project-specific required retum. Answer yeur answer to one decimal (e.9.3.0%})1 In thim, use this required reburn to caltulating the airplanss project's NPV, Answer. \& fround your answer to mre neerest dollar. For a nogaaive number. just put a minus in trent of your entry] Using this NPV arswer, does the NPY nule indicats that you sheuld acoest ar reject the airpianes projoct? III. In term's of the fimis objective of maximiaing sharehoider woalth, what sheuld 851 do with this selar-powered-airplanes project (aceept or reject)? Answer) [ Review / side learning: Recal the balance-sheet view of the enlerprise a. It is shaped like an inweried L. The enterprise consists of a frm's current assets (the fop-lett part of the balance sheet), the firm's current liabilies (the topright part of the balance sheet), and the firm's long-tarm assets (the bottom-left part of the balance shoot). It does not include the middle-nght piece of the balance sheet (i.e., the long-term liabilities), nor does it include the bottom-fight piece (0.e., onners' Bquity).] S91 is evaluating a neww project, to make scilar-powered airplanes. The project requires an initla cudiay of $1,050,000 and offers anticipaled future cash flows of $240,000 at the ends of years 1.6, 1. Using the firm-lenel required return as the required return in calculating the airplanes projocr's NPV, what will be the project's NPY? Arawer. $ [Round your answer to the neareat dollar. For a negative number. just put a minus in front of your entry] Using the NPV decision rule, should SSI accept or reject the project? Answer: reject.] Enber just ane wcreti accept of II. Further analysis indicales that the airplanes project has a beta of 2.60. In other words. this new potential project is riskienjater [piek one) than the overal SSI enterprise that currently exists. Answer: Use this project-specific beta and the CAPM to determine the project-specific required retum. Answer yeur answer to one decimal (e.9.3.0%})1 In thim, use this required reburn to caltulating the airplanss project's NPV, Answer. \& fround your answer to mre neerest dollar. For a nogaaive number. just put a minus in trent of your entry] Using this NPV arswer, does the NPY nule indicats that you sheuld acoest ar reject the airpianes projoct? III. In term's of the fimis objective of maximiaing sharehoider woalth, what sheuld 851 do with this selar-powered-airplanes project (aceept or reject)? Answer)