11. Bevo Corp.'s stock is currently trading at $46.50. In the most recent fiscal year, it reported EPS of $4.00, its dividend payout ratio was 40%, and its ROE was 16%. Using the dividend discount model and this information alone, the IRR on Bevo stock would be a. less than 8% b. between 8% and 12% c. between 12% and 15% d. above 15% e. There's no way to estimate the IRR given this information. 12. If preferred stock dividends are not paid in a particular year they will be "carried forward" as a. arrearage b. proxy c. accumulation d. imposition e. abscess