12. Avnil Synchronistics will pay a dividend of $1,05 per share this year. it is expected that this dividend will grow by 4% each year in the future. What will be the current value of a single share of Avril's stock if the firm's equity cost of capital is 13% ? A. $8.75 B. $11.67 c. $12.84 D. $8.17 13. Liam had an extension buitt onto his home. He financed it for 48 months with a loan at 3.7% APR. His monthly payments were $750. How much was the loan amount for this extension? A. $53,464 B. $40,098 C. $46,781 D. $33,415 A company spends $20 million researching whether it is possible to create a durable plastic from the process waste from feedstock preparation. The $20 million should best be considered A. as a fixed overhead expense B. as a sunk cost C. as a capital cost D. as an opportunity cost