A degree program cost $50000 in total expenses: $30000 in tuition and $20000 in housing and books. The US government provides a grant for $10000 of the tuition. Moreover the university pays $20000 of the $30000 tuition in salary to your instructors. Being in the program is so much fun; you would be willing to a net of $5000 for the pleasure relative to your alternatives. What is the net cost of the education to you?A project costs $19000 and promises the following cash flow:Year 1 2 3Cash Flow $12500 $6000 $3000The appropriate discount rate is 15% per annum. Should you invest in this project?7. Which of the following are good candidates for ascertaining the value effects with an event study and why?An acquirer wants to buy the firmThe CEO diesThe CEO agesPositive earnings surprise at the annual meetingPurchase of a new machineA law is passed to force the company to reduce its emissionsAn Ad campaign