CX Enterprises has the following expected dividends: $1.04 in one Next question years, and $1.27 in three years. After that, its dividends are expected to grow at 4.2% per year forever (so that year four's dividend will be 4.2% more than $1.27 and so on). If CX's equity cost of capital is 12.5%, what is the current price of its stock? The price of the stock will be $(Round to the nearest cent.) You own a call option on Intuit stock with a strike price of $31. When you purchased the option, it cost $3. The option will expire in exactly three months' time. a. If the stock is trading at $46 in three months, what will be the payoff of the call? What will be the profit of the call? b. If the stock is trading at $24 in three months, what will be the payoff of the call? What will be the profit of the call? c. Draw a payoff diagram showing the value of the call at expiration as a function of the stock price at expiration. d. Redo c, but instead of showing payoffs, show profits. and the profit of the call is $ a. The payoff of the call is $ (Round to the nearest dollar.) b. The payoff of the call is $ (Round to the nearest dollar.) and the profit of the call is $ CX Enterprises has the following expected dividends: $1.04 in one Next question years, and $1.27 in three years. After that, its dividends are expected to grow at 4.2% per year forever (so that year four's dividend will be 4.2% more than $1.27 and so on). If CX's equity cost of capital is 12.5%, what is the current price of its stock? The price of the stock will be $(Round to the nearest cent.) You own a call option on Intuit stock with a strike price of $31. When you purchased the option, it cost $3. The option will expire in exactly three months' time. a. If the stock is trading at $46 in three months, what will be the payoff of the call? What will be the profit of the call? b. If the stock is trading at $24 in three months, what will be the payoff of the call? What will be the profit of the call? c. Draw a payoff diagram showing the value of the call at expiration as a function of the stock price at expiration. d. Redo c, but instead of showing payoffs, show profits. and the profit of the call is $ a. The payoff of the call is $ (Round to the nearest dollar.) b. The payoff of the call is $ (Round to the nearest dollar.) and the profit of the call is $