You hold a portfolio with the following securities: Security Value Beta Expected Return Driscol Corporation 20% 3.20 36.0% Evening Corporation 40% 1.60 20.0% Frolic Corporation 40% 0.20 6.0% What is the expected return for the portfolio? O 17.60% 20.67% 23.54% 28.59% en 4 Question DYI Construction Co. is considering a new inventory system that will cost $750,000. The system is expected to generate positive cash flows over the next four years in the amounts of $350,000 in year one, $325,000 in year two, $150,000 in year three, and $180,000 in year four. DYIs required rate of return is 8% What is the set present value of this project? $104,089 OS100,328 596,320 $87,417 Sentry Manufacturing paid a dividend yesterday of $3 per share. The dividend is expected to grow at a constant rate of 5% per year. The price of Santry Manufacturing's stock today is $28 per share. I Sentry Manufacturing decides to issue new common stock fotation costs will equal $2.25 per share. Sentry Manufacturing's marginal tax rate is 35%. Based on the above information, the cost of new common stock is 11.23% 13.58% 14.7296 17.23%