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1 6 . Tina invests $ 1 , 0 0 0 in a project that has an NPV of - $ 7 0 using a

16. Tina invests $1,000 in a project that has an NPV of -$70 using a discount rate of 12%. Which one of these is potentially the IRR:
a.11% b.12% c.13% d.100%
6. Assuming that Coca-Cola grows its dividend by 3% annually after this coming year and a cost of equity of 9%, according to the Constant Dividend Growth Model, what should be the stock price of Coca-Cola. Choose the closest.
a. $17.79 b. $26.67 c. $53.33 d. $160.00
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