1. A share of common stock just paid a dividend (Do) of $1.25. If the expected long-run growth rate for this stock is 4.5%, and if investors' required rate of return is 11.6 %, what is the stock price? c $19.16 $18.40 O $17.48 c $16.27 c $20.55 5 points QUESTION 18 1. Jack Corporation is considering a project that has the following cash flows. The WACC is 9.5 %. What is the project's NPV? Year 0 1 2 3 Cash flows $216,000 $235,000 $547,000 $327,000 $86,540.28 $89,610.77 $92,344.72 $95,313.66 $98,247.64 5 points QUESTION 19 1. Medford Corporation is considering a project that has the following eash flow data. What is the project's IRR? Note that a project's projected IRR can be less than the WACC or negative, in both cases it will be rejected. Year 1 0 2 3 Cash flows $1368,000 $425,000 $520,000 $649,000 C 7.49% 7.21% C. 7.05% 6.83% 6.62% C