6.Investors can use which of the following methods to estimate a firm's growth rate?

a) Project the future dividend trend and determine the implied growth rate. b) Calculate the past growth rate. c) Use an analyst's projected growth rate. d) All of the above

7. Using the constant growth rate model, what is the value of Colgate-Palmolive Company (CL) using a required return of 14.50%, a growth rate of 12.50%, and a dividend of 0.60.

8. Taco Hut, Inc. (THI) recently paid a $0.46 dividend. The dividend is expected to grow at a 14.5 percent rate. At a current stock price of $44.12, what is the return shareholders are expecting?

9. A firm recently paid a $0.60 annual dividend. The dividend is expected to increase by 12 percent in each of the next four years. In the fourth year, the stock price is expected to be $110. If the required return for this stock is 14.5 percent, what is its current value?

10.The Hyperion Technology company is considering the development of a new electric car battery that is far superior to any on the market today. Project ECB has a development cost that is expected to run $750 million, and they anticipate the following cash flows (in millions) from years one through fiveg: 100, $150, $200, $300, and $400. Hyperion's finance department has determined the appropriate discount rate for the project should be 12%. Find the Net Present Value (NPV). Assume all numbers represent millions.

Time	0	1	2	3	4	5
Cash Flow	($750)	$100	$150	$200	$300	$400

a) 18.85 million b) 23.52 million c) -16.45 million d) -11.54 million