19. Wilkinson and Daughters has net income of $415,400, total assets of $2.2 million, and total liabilities of $1.08 million. The company paid $270,000 in dividends. What is the firm's sustainable rate of growth? A. 9.69 percent B. 11.06 percent

C. 12.98 percent D. 13.93 percent E. 14.15 percent

20. The common stock of A.G. Tailor has a required return of 16 percent. The latest press release stated that last year's dividend was $0.90 per share and that future dividends will increase by 15 percent for the following 3 years. After that, the dividend growth rate will be 3 percent indefinitely. What is one share of this stock worth to you today?

A. $8.42 B. $9.60 C. $10.26 D. $10.75 E. $12.03