. The EPS of a corporation is 5.4 lei and the dividend payout ratio is 70%. The manager decided to finance an investment project with a life of 3 years and an investment outlay of 9350 mii lei. During the first two years, the CFs generated by the project are 3776,64 mii lei and 3465,9 mii lei. The discounted payback period is 3 years.

a. Compute the number of shares that can be bought with 63000 lei? The dividend yield equals 6% and the return on equity is 20%.

b. Compute the MNPV of the project.