moodle selu.edu 31. ABC is expected to pay a dividend per share of 2.20 next year. Dividends are expected to grow by 5% forever. What is the required rate if the current stock price is SSO? 2.119 5.01% 9.149 None of the above What is the fair value of a business that promises a $14.000 cash flow every year for the next 5 years, assuming a 12% required rate? $50,266.87 $50.466.87 560,666.87 $60,766.87 None of the above E 33 If you purchased the above business for 560,000, then your NPV is... and you ...value -$1,500; destroyed -S9,533.13: created $666.87.13; created $766.87.23. created None of the above D E 34. What are our firm's operating cash flows for a single year, using the following data: Sales: $9,000 All costs excluding depreciation: 20% of sales Annual depreciation expense: $3,000 Tax rate: 21% Purchase price of asset: $2,200 Networking capital needed: $1,200 $4,200 56,200 56.218 56,318 Nons of the above