1. Elsinore assumes it can grow its dividend by 5% a year forever. If the last dividend paid was $2 and the required rate of return is 10%, what is the current share price (approximately)? a) $40 b) $20 c) $44 d) $13 e) $42 2. Your firm has the following cash flows for each time periods (t) : What is the present value of all the cash flows if the appropriate discount rate is 7.4% (approximately)? a) $26,899 b) $28,135 c) $46,375 d) $37,291 e) $40,000