don't have to show work

13. Turbo Corporation's dividends per share are expected to grow indefinitely at 5% per year. If the expected year-end dividends per share are $8 and the earnings per share are $12, what is the implied ROE on future investments if the capitalization rate is 10%? O 10% 0 596 O 15% 20% 14. A fast growing company paid a dividend this year of $1.25, which is expected to grow at 20% for two years. Afterwards, the growth rate will be 9%. If the required is 12%, what is the value of this stock? O $41.67 O $15.62 O $54.91 O $65.40 15. If the coming end of a recession can be predicted with some accuracy, why then, can we not be sure to profit from trading on this knowledge? The stock market also anticipates the recovery. The recovery may never really come about. O Timing the recovery is very difficult. The market doesn't necessarily respond to the business cycle