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Q 1 ) Forral Company has never paid a dividend. But the company plans to start paying dividends in two years that is , at

Q1)Forral Company has never paid a dividend. But the company plans to start paying dividends in two yearsthat is, at the end of Year 2. The first dividend is expected to equal $3 per share. The second dividend and every dividend thereafter are expected to grow at a 4 percent rate. If investors require a 14 percent rate of return to purchase Forral's common stock, what should be the market value of its stock today? Do not round intermediate calculations. Round your answer to the nearest cent? Q2RJS generated $78,000 net income this year. The firm's financial statements also show that its interest expense was $80,000, its marginal tax rate was 35 percent, and its invested capital was $950,000. If its average cost of funds is 17 percent, what was RJS's economic value added (EVA) this year? Round your answer to the nearest dollar. Use a minus sign to enter a negative value, if any?

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