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Ashley Kolar Technology expects growth of 30 percent each of the next 3 years, then 15 percent growth each year thereafter. The last dividend paid

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Ashley Kolar Technology expects growth of 30 percent each of the next 3 years, then 15 percent growth each year thereafter. The last dividend paid was $0.60 per share. The required rate of return for the stock is 20 percent. How much would you be willing to pay for the stock today? 30%g 30%g 30%g 15%g 15%g A. $17.44 B.$19.66 C.$18.92 D.$16.39 E $20.13 QUESTION 12 Bradley Isensee Wholesale wants to expand its operations using only debt and common equity. It can borrow unlimited amounts at a before-tax interest rate of 8 percent as long as it utilizes its target capital structure, which calls for 30 percent debt and 70 percent common equity. Its last dividend was $1.37, its expected constant growth rate for dividends and earnings is 13 percent, and its stock sells for $28. The firm's marginal tax rate is 40 percent. If the company issues new common stock, a 8 percent flotation cost will be incurred. Net income in the coming year is projected to be $790,000, and the dividend payout ratio is 8 percent. Calculate WACC). A 14.26 percent B. 14.57 percent C.14.75 percent D. 14.11 percent E. 15.53 percent

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