HELP -All questions on page-

Second picture is the rest of question 33

29. A tech firm recently paid a dividend of $1.00 per share. The dividend is expected to increase at a 25 percent rate (g 25%) for the next 3 years. Afterwards, the grow rate of the dividend becomes zero (8-0) due to competition. If a 10 percent required rate of return is appropriate for this stock, what is its present value? A. $21.48 B. $18.57 C. $%13.02 D. $13.67 E. None of the above 30. Circuit City Stores (CC) recently paid a $.16 dividend. The dividend is expected to grow at a 23 percent rate. At the current stock price of $7.96, what is the return shareholders are expecting? Set your decimal places to 4 places and assume the stock is in equilibrium A. 2.01% B. 23.00% C. D. 25.47% E. None of the above 24.02% 31. If a preferred stock from Cytec Industries, Inc. (CYT) pays $2.00 in annual dividends, and the required return on the preferred stock is 6.5 percent, what's the value of the stock today? A. $0.13 B. $0.31 C. $13.00 D. $30.77 E. None of the above 32. Block enterprises is manufacturing firm. The company just paid a $14 dividend, but management expects to reduce the payout by 8% each year indefinitely. How much are you willing to pay today per share to buy this stock if you require a 15% rate of return? Hint: gis negative. A. $56.00 B. $15.00 C. $35.92 D. $51.07 E. $41.00 33. Compute the NPV for Project X and accept or reject the project with the cash flows shown below if the appropriate cost of capital is 9 percent. 4 Year Cash Flow 0 2 $1000 $75 $100 $100 $0 $2000 A. $-639.96 B. $360.04 C. $392.44 D. $486.29 E. $530.06