Question 10 (CHAPTER 9) Your boss is comparing 3 independent projects with the following information: Your answer: Project #1 Net Present Value $250 Internal Rate of Return 12.53% Profitability Index 2.50 Payback period 4.5 years Project #2 -$310 8.03% 0.80 4.5 years Project #3 $280 11.09% 1.96 2.6 years The required payback period is 5 years. The required return is 9%. Which project would you recommend your boss to accept? (a) Project #1 (b) Project #2 (c) Project #3 (d) Projects #1 and #2 (e) Projects #1 and #3 (f) All three projects (g) None of these projects Your answer: Question 11 (CHAPTER 8) Constantine pays a constant $5.5 dividend on its stock. The company will maintain this dividend for the next 15 years and will then cease paying dividends forever. If the required return on this stock is 8.3 percent, what is the current share price? (Do not use "$" in your answer. Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places: for example, 100.23.)