Next year's eamings are estimated to be $5. The company plans to relnvest 25% of its earnings at 20%. If the cost of equity is 11%, what is the present value of growth opportunitles? Multiple Chorce $16.05 $18.05 $17.05 $11.11 Todd Mountain Development Corporation is expected to pay a dividend of $4 in the upcoming year. DIvidends are expected to grow at the rate of 13% per year. The rlsk-free rate of return is 10%, and the expected return on the market portfolio is 20%. The stock of Todd Mountain Development Corporation has a beta of 0.80. Using the constantgrowth DDM, the Intrinsic value of the stock is Multiple Choice 13.00 12.90 30.77 80.00 You write one IBM July 127 call contract for a premlum of $12. You hold the option untll the expiration date, when IBM stock sells for $135 per share. You will realize a on the Investment. Multiple Choice $400 profit $8001055 $2,000 loss $800 profit