CCC Company just paid a dividend of $15. The company's dividend is expected to grow by 30% this year, by 10% in Year 2 , and at a constant rate of 5% in Year 3 and thereafter. The required return on this stock is 10%. What is the best estimate of the stock's current market value? Select one: a. $407.73 b. $403.53 c. $409.63 d. $408.32 EEE Company just paid a dividend of $5. Its dividend growth rate is expected to be constant at 25% this year, and at a constant rate of 10% in Year 2 and thereafter. The required return on this stock is 12%. What is the best estimate of the stock's current market value? Select one: a. $315.7 b. $305.6 c. $312.5 d. $301.3 AAA Inc. is expected to pay a dividend of $7 per share at the end of the year. The stock sells for $100 per share, and its required rate of return is 10%. The dividend is expected to grow at some constant rate forever. What is the equilibrium expected growth rate? Select one: a. 3.0% b. 4.0% c. 3.5% d. 4.5% To help finance a major expansion. NNN Company sold a noncallable bond several years ago that now has 15 years to maturity. This bond has a 8% annual coupon, paid semiannually, sells at a price of $1,050, and has a par value of $1,000. If the firm's tax rate is 40%, what is the component cost of debt for use in the WACC calculation? Select one: a. 5.23% b. 4.95% C. 4.46% d. 3.89% PPP Inc. is expected to pay a $1.5 dividend at year end, the dividend is expected to grow at a constant rate of 5% a year, and the common stock currently sells for $40 a share. The before-tax cost of debt is 7%, and the tax rate is 40%. The target capital structure consists of 50% debt and 50% common equity. What is the company's WACC if all the equity used is from retained earnings? Select one: a. 6.5% b. 5.5% C. 6.1% d. 5.8%