Astock is expected to pay its first dividend of Siin one year, which will grow at 40% pa forever afterwards. So the dividend in 2 years will be 57.40, and in 3 years it will be $1.96, and so on in perpetuity the required total return is 60% pa, given as an effective annual rate. You just paid your stock broker $8 to buy the stock in an IPO Which of the following statements about the stock purchase is NOT correct? Select one a. The NPV ot your purchasing decision was -93 (note the negative sign compared to not buying the stock 6. b. The internal rate at return (IRR) of your purchasing decision was 52.5% pa. c. You should expect the price to open 725% lower than your IPO purchase price the moment the stock begins trading d. The payback period of your purchasing decision is expected to be 5 years Next page PC 323 and visi