answers for #14 and #16 please.

expected to grow at 2.7 percent per year, indefinitely. What will the price of this stock be in 7 years if investors require an annual return of 15.2 percent? A) $15.08 B) S15.24 C) $15.83 D) $15.64 E) $15.33 14.65) A project has an initial cost of $7,900 and cash inflows of $2,100, $3,140, $3,800, and $4,500 a year over the next four years, respectively. What is the payback period? A) 2.70 years B) 3.28 years C) 3.36 years D) 3.70 years E) 2.28 years 15. 88) You are considering two independent projects. Project A has an imitial cost of $125,000 and cash inflows of $46,000, $79,000, and $51.000 for Years I to 3, respectively. Project B costs S135,000 with expected cash inflows for Years I to 3 of $50,000, $30,000, and $100,000, respectively. The required return for both projects is 16 percent. Based on IRR, you should: A) accept both projects. B) accept Project A and reject Project B. C) accept Project B and reject Project A. D) reject both projects. E) accept either one of the projects, but not both. 16.86) The Dry Dock is considering a project with an initial cost of $107,400 and cash inflows for Years I to 3 of $37,200, $54,600, and $46,900, respectively. What is the IRR? A) 12.62 percent B) 13.41 percent C) 14.48 percent D) 13.22 percent E) 14.56 percent 17.58) A project will produce an operating cash flow of $56,200 a year for 5 years. The initial fixed asset investment in the project will be $238,900. The net after tax salvage value is estimated at $67,000 and will be received during the last year of the project's life. What is the net present value of the project if the required rate of return is 15.2 percent? A) -$20,627.54 B) -$18,374.86 C) $5,120.52 D) $18,374.86 E) $20,627.54 18.83) Marie's Fashions is considering a project that will require $39,000 in net working capital and $68,000 in fixed assets. The project is expected to produce annual sales of $78,500 with