McGonigal's Meats, Inc. cu pays dividends. The firm plans to begin paying dividends in 3 years. The first dividend will be $1.50 and dividends will grow at 6% per year thereafter. Given a required return of 14%, what would you pay for the stock today? a $18.75 b. $13.42 c. $14.42 d. $16.37 e. $17.61 If a project with conventional cash flows has an IRR less than the required return, then: a. The NPV is positive. b. The profitability index is less than l. c. The discounted payback period is zero. d. The profitability index is less than 0. The payback period is less than the maximum acceptable period. If project OCF is equal to the project depreciation expense, then the project must be at its: a. Minimum level of production costs. b. Financial break-even point. c. Accounting break-even point. d. Cash flow break-even point. e. Maximum level of net income