Spartan Furniture Pty Ltd is selling for $50.00 per share today. In one year, Spartan will be selling for $48.00 per share, and the dividend for the year will be $3.00. What is the cash return on Spartan shares? A. $51.00 B. $1.00 C. $2.00 D. $3.00 Corp Suite is considering two expansion options, but does not have enough capital to undertake both. Project W requires an investment of $100,000 and has an NPV of $10,000. Project D requires an investment of $80,000 and has an NPV of $8,200. If Corp Suite uses the profitability index to decide, it would A. choose D because it has a higher profitability index. B. choose W because it has a higher profitability index. C. choose D because it has a lower profitability index. D. choose W because it has a lower profitability index. A project has an initial outlay of $4,000. It has a single payoff at the end of year 4 of $7,000. What is the internal rate of return (IRR) for the project (round to the nearest percent)? 16% B. 13% C. 21% I D. 15%