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You are the CEO of a company and are considering a new project that, if accepted, would add $1 million to the value of

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You are the CEO of a company and are considering a new project that, if accepted, would add $1 million to the value of the company's equity. If you decide to proceed with the project, you realize that you will have to work eight extra hours each week for one year; the value to you of losing this leisure time is $51,000. Assume that your salary will not be adjusted to reflect this extra work and that the net benefit to you is your only consideration in deciding whether or not to proceed with the project. Complete parts a through e below. What would your decision be if you owned 100% of the company's equity? Select the correct choice below, and fill in the answer box to complete your choice Round to the nearest dollar. Do not include the S symbol in your answer.) A. Do not proceed with the project because the net benefit is dollars. 8. Proceed with the project because the net benefit is 949,000 dollars. What would your decision be if you owned 1% of the company's equity? Select the correct choice below, and fill in the answer box to complete your choice. und to the nearest dollar. Do not include the S symbol in your answer.) A. Do not proceed with the project because the net benefit is Proceed with the project because the net benefit is dollars. dollars.

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