We are evaluating a project that costs $873,000, has a life of eleven years, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 112,000 units per year. Price per unit is $39, variable cost per unit is $20, and fixed costs are $884,349 per year. The tax rate is 22 percent, and we require a return of 14 percent on this project. The projections given for price, quantity, variable costs, and fixed costs are all accurate to within +/14 percent. a. Calculate the best-case NPV. Best case b. Calculate the worst-case NPV. You own a portfolio that has $1,700 invested in Stock A and $3,450 invested in Stock B. If the expected returns on these stocks are 11 percent and 15 percent, respectively, what is the expected return on the portfolio? Multiple Choice 12.32% 13.68% 13.95% 14.36% 13.00%