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AWSWER 30 and 31! 30 A stock just paid a dividend of $1.61. The dividend is expected to grow at 22.20% for three years and

image text in transcribedAWSWER 30 and 31!
30 A stock just paid a dividend of $1.61. The dividend is expected to grow at 22.20% for three years and then grow at 4.10% thereafter. The required return on the stock is 13.17%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. 31 Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.89 million and create incremental cash flows of $880,941.00 each year for the next five years. The cost of capital is 10.6096. What is the net present value of the J-Mix 2000? Submit Answer format: Currency: Round to: 2 decimal places

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