It is expected that you prepare a report based on information provided below.You should approach this from the perspective of upper-level managers. Included in the report should be:

1)An evaluation of projects based on information provided below

2)A discussion of other things that may need to be considered (theoretically as no information about the characteristics of the projects is provided beyond independence/mutual exclusivity).

3)A suggestion of which projects should be accepted, in order of preference,and which should be rejected.

4)An evaluation of the Marginal Cost of Capital (weighted average cost of capital on a marginal basis)

5)A suggestion of what level of funds should be supplied through retained earnings, new debt, new issue of preferred stock and new issue of common stock.

6)A discussion of how dividend policy may affect the decision of capital investment.