Tuttle Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that if a project's projected NPV is negative, it should be rejected. WACC: 11.50% Year 0 1 2 3 4 Cash flows -$1,000 $350 $450 $350 $275 O a. 106.28 O b. 82.54 O c. 128.49 d. 74.36 O e. 64.70 Companies can issue different classes of common stock. Which of the following statements concerning stock classes is CORRECT? O a. All common stock, regardless of class, must pay the same dividend. b. Some class per classes of common stock are entitled to more votes per share than other classes. O C. All firms have several classes of common stock. O d. All common stocks fall into one of three classes: A, B, and C. O e. All common stocks, regardless of class, must have the same voting rights. Stock X has the following data. Assuming the stock market is efficient and the stock is in equilibrium, which of the following statements is CORRECT? Expected dividend, D1 $3.00 $50 Current Price, Po Expected constant growth rate 6.0% a. The stock's expected dividend yield is 5%. b. The stock's expected dividend yield and growth rate are equal. O c. The stock's expected price 10 years from now is $100.00. O d. The stock's required return is 10%. O e. The stock's expected capital gains yield is 5%