Your Answer: 2568460 Answer Question 24 (3 points) A company is analyzing an investment project that has an equipment cost of $1,500, a change in net working capital of $300, a salvage value after tax of $400, a life of 5 years, a tax rate of 21 percent, and a discount rate of 11 percent. The operating cash flow for this investment project will be a 5-year annuity. What is the financial breakeven value of the annual operating cash flow for this investment project? Use the model for the NPV of an investment project when the OCF is an annuity. Enter your answer in the box shown below as dollars with two digits to the right of the decimal point. Your Answer: Answer Question 25 (3 points) Saved A company's common stock has a beta of 1.10. If the risk-free rate is 4.0 percent and the expected return on the market is 8.0 percent, what is the company's cost of equity? Enter your answer as a decimal number (not FIN 4360 Cha....mov FIN 4360 Cha....mov FIN 4360 Cha....mov MacBook 888 $ 4 % 5 & 7 8 9 o 6 E R T Y D F G H. J