A firm has EBIT of $15 million, interest expense of $5 million, and faces a tax rate of 40 percent. There are 12 million shares outstanding. The change in EPS resulting from a 20% decrease in EBIT would be closest to:

The following table gives the stock price, dividend, and percentage return for 10 months.
Month; Stock Price; Dividend; Total Return (%)
Jan; 76.3; 1.53; 9.81
Feb; 72.5; 1.45; -3.08
Mar; 70.4; 1.41; -0.95
Apr; 69.8; 1.4; 1.14
May; 71.2; 1.42;
Jun; 73.6; 1.47; 5.44
Jul; 73.7; 1.47; 2.13
Aug; 73; 1.46; 1.03
Sep; 69.5; 1.39; -2.89
Oct; 67.9; 1.36; -0.35
If one were to construct a frequency histogram for the stock prices using 3 classes, the first interval would be which of the following?

Hollow candlesticks indicate:

Points under the capital allocation line are ______ by investors.

Company B is considering a capital investment project. The appropriate discount rate for the project is WACC = 5.25%. The project has the following NPV and IRR: NPV = - $4,250,000 IRR = 3.01%.
Which of the following statements is true?
I). The project should be accepted since IRR WACC
II). The project should be accepted since NPV 0.