1) An investment under consideration has a payback of six years and a cost of $866,000. Assume the cash flows are conventional. If the required return is 12 percent, what is the worst-case NPV? (Do not round intermediate calculations. A negative answer should be indicated by a minus sign. Round your answer to 2 decimal places, e.g., 32.16.) Worst-case NPV $

2) East Side Corporation is expected to pay the following dividends over the next four years: $18, $14, $13, and $8.50. Afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever. If the required return on the stock is 14 percent, what is the current share price?