4. Here are data on two stocks, both of which have discount rates of 15% What are the dividend payout ratios for each firm? What are the expected dividend growth rates for each firm? What is the proper stock price for each firm? 5. Here are the expected cash flows for three projects What is the payback period on each of the projects? (3 points) Given that you wish to use the payback rule with a cutoff period of 2 years, which projects would you accept? (2 point) If the opportunity cost of capital is 10%, which projects have positive NPVs? Show the calculation. (3 points) 4"Payback gives too much weight to cash flows that occur after the cutoff date." True of false? (2 points)