q$14.$ A company paid an annual dividend of $$1\mathrm{.}49$ per share last month. The company is planning on paying $$1\mathrm{.}56,$ $$1\mathrm{.}62,$ and $$1\mathrm{.}69$ per share over the next three years, respectively. After that, the dividend will be constant at $$1\mathrm{.}75$ per share per year. What is the market price of this stock if the market rate of return is $8\mathrm{.}1$ percent? Answer: $$\_\_\_\_\_\_\_($Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places$)$

q$17.$ What is the payback period for the following set of cash flows?

Year

Cash Flow

$0$

$$$$-4,800$

$1$

$$1,160$

$2$

$$1,390$

$3$

$$2,101$

$4$

$$1,293$

q$18.$ An investment requires an initial cash outflow of $$5,400,$ and it will bring in cash inflows of $$3,400,$ $$3,100,$ $$2,700,$ $$3,300,$ for the next four years, respectively. What is the internal rate of return $($IRR$)$ of this project?

Group of answer choices

$43\mathrm{.}65\%$

$48\mathrm{.}45\%$

$41\mathrm{.}25\%$

$45\mathrm{.}69\%$