Question 14 10 pts A stock analyst believes a firm that is currently in financial trouble will soon recover. The analyst believes that the firm will continue paying a constant dividend of $0.63 per quarter for the next 3 years (next 12 quarters). However, after that point in time the analyst will estimate stock value as if the dividend will grow forever at a rate of 4.4% APR compounded quarterly. What is the analysts stock price estimate if using a required return of 16% APR compounded quarterly? Enter answer in dollars and cents, rounded to the nearest cent Question 15 10 pts What is the IRR of a project with the following characteristics? Initial investment is $2,400,000 Initial investment is depreciated to $0 book value via straight-line over its 10 year life Project is expected to generate incremental sales of 2,000,000 per year, and incremental expenses of 1,500,000 per year There are no NWC or salvage cash flows The firm faces a 28% tax rate Enter rate in decimal form, rounded to the 4th digit, as in "0.1234- Question 14 10 pts A stock analyst believes a firm that is currently in financial trouble will soon recover. The analyst believes that the firm will continue paying a constant dividend of $0.63 per quarter for the next 3 years (next 12 quarters). However, after that point in time the analyst will estimate stock value as if the dividend will grow forever at a rate of 4.4% APR compounded quarterly. What is the analysts stock price estimate if using a required return of 16% APR compounded quarterly? Enter answer in dollars and cents, rounded to the nearest cent Question 15 10 pts What is the IRR of a project with the following characteristics? Initial investment is $2,400,000 Initial investment is depreciated to $0 book value via straight-line over its 10 year life Project is expected to generate incremental sales of 2,000,000 per year, and incremental expenses of 1,500,000 per year There are no NWC or salvage cash flows The firm faces a 28% tax rate Enter rate in decimal form, rounded to the 4th digit, as in "0.1234