ZYZ Inc. is considering a project with the following cash flows: Year Cash Flow (CF) 0 -$200,000 1 $30.000 2 $40,000 3 $50,000 4 $60,000 5 $70.000 If the discount rate is 5%, what is the NPV of the proposed project? $12.253.47 O $21,009.43 $10,572.99 $11,572.99 Question 22 (2 points) The primary idea behind the net present value rule is that an investment: O is worthwhile if it creates value for the owners. must have total cash flows that equal zero. should be accepted if it enhances management's position. should break-even from an accounting point of view. None of the above. Question 23 (2 points) According to the trade-off theory, a firm's optimal capital structure: O is found by locating the mix of debt and equity which causes the earnings per Share to equal exactly $1. exists when the debt-equity ratio is 0.50. O is the debt-equity ratio that exists at the point where the firm's weighted after- tax cost of debt is minimized. O is the debt-equity ratio that results in the lowest possible weighted average cost of capital Question 24 (2 points) QWE Corporation just paid a dividend of $2 a share. The dividends are expected to grow at 10% a year for the next 3 years, and the 5% per year thereafter. The required rate of return on QWE stock is 12%. What is the current price of QWE