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A project has an initial cost of $5,700. The cash inflows are $800, $2,400, $1,800, $800, and $1500 over the next five years, respectively. What

A project has an initial cost of $5,700. The cash inflows are $800, $2,400, $1,800, $800, and $1500 over the next five years, respectively. What is the payback period?

3 years

2 years

5 years

1 year

4 years

Leo Messi Corp. recently pays dividends. Future dividends are projected at $2, $3, and $4 over the next three years, respectively. Beginning four years from now, the annual dividend is expected to grow at 5% annually forever. What is one share of this stock worth to you today if you require a 11 percent rate of return on similar investments?

$74.9

$22.88

$50.62

$58.34

$20.09

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