You purchase a stock for $100 that pays an annual dividend of $5.50. At the beginning of the second year, you purchase an additional share for $130. At the end of the second year, you...

Project K costs $62,994.57, its expected cash inflows are $13,000 per year for 11 years, and its WACC is 9%. What is the project's IRR? Round your answer to two decimal places

An investor is contemplating investing heavily in a stock whose dividend is $27 per share but expected to grow by 18% for the next 3 years and by 12% after that. Find the current price of this stock...