1.XYZ Inc's dividends for next year will be $1.88 per share, and are expected to grow at 0.98% per year each year after. If the required return on their stock is 5.47%, what is one share worth?

2.Consider a project with the following cash flows:

Year	Cash Flow
0	1000
1	-300
2	-325
3	-350

If the required rate of return (aka, the hurdle rate) for this project is 11.5%, the IRR rule states that the project should be accepted.

True

False

False