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Question 10 1 pts Gizmo Industries is currently selling for $94. It just paid its annual dividend of $4, which have consistently grown at a

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Question 10 1 pts Gizmo Industries is currently selling for $94. It just paid its annual dividend of $4, which have consistently grown at a rate of 3.3%. What is the expected return of this stock? 8.31% 7.86% 7.70% 7.82% 0 7.91% Question 12 1 pts Heritage Corporation is trying to decide whether to invest in equipment to manufacture a new product. If the investment project is accepted, sales revenue will increase by $65,000 per year and materials costs will decrease by $16,000 per year. The equipment will cost $140,000 and is depreciable over 10 years using simplified straight line (zero salvage value). The firm has a marginal tax rate of 34%. Calculate the firm's annual cash flows resulting from the new project. 35,000 O 58,220 O 37,100 O 32,340 O 23,100

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