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Project A requires an initial investment of $20,500, a cash inflow of $15,500 in the first year, and inflows of $10,000 each year for the

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Project A requires an initial investment of $20,500, a cash inflow of $15,500 in the first year, and inflows of $10,000 each year for the next 2 years. What is the payback period for this project? Select one: a. 3.0 years b. 2.5 years c. 1.5 years d. 1.32 years Slip Inc. is expected to declare a $2.50 per share dividend payment in one month. The company increase its dividend by 2.5% per year indefinitely. If the market requires a 10% return, how much will its stock price? Select one: a. 20 b. $33.33 c. 25 d. 100

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