Question 14 LCP, a new medical group, just paid (moments before time 0) a dividend of $1.00. These dividends are expected to grow at 10% a year for the next two years (ie, t-1 and t-2), and at 4% a year thereafter. What is the value of the stock if the discount rate is 12%? Between $14 and $15 O Between $17 and $18 O Between $15 and $16 O Greater than $18 Question 15 4 pts The market value of Charon Ferries' common stock is $16 million and the market value of its risk- free debt is $4 million. The beta of the company's common stock is 1.5 and the expected risk premium on the market portfolio is 8 percent. There are no taxes. If the Treasury bill rate is 5 percent, what is the company's cost of capital? Between 13 and 15% Between 19 and 21% Between 16 and 16% Less than 10%