Consider this case: Last year, Jackson Tires reported net sales of $80,000,000 and total operating costs (including depreciation) of $52,000,000. Jackson Tires has $83,500,000 of investor-supplied capital, which has an after-tax cost of 10%. If Jackson Tires's tax rate is 40%, how much value did its management create or lose for the firm during the year (rounded to the nearest whole dollar)? $8,450,000 $39,650,000 $41,750,000 $2,535,000 You have taken a job as an entry-level analyst, and your boss has asked you to find the expected value of Monroe Manufacturing's stock. As you were doing your research, you found out that Monroe Manufacturing just paid a dividend (Do ) of $3.20. The firm has experienced consistent growth of 3% for the last couple of years, and you believe that the firm will continue to grow at the same rate in the future. If investors require a return of 13% on Monroe Manufacturing's stock, what is the expected value of the company's stock? $29.66 $32.96 $26.37 $36.26 What would be the change in the expected value of Monroe Manufacturing's stock if investors required a return of 16% on the company's stock