Question 14 Not yet answered Marked out of 1.00 P Flag question Etling Inc.'s dividend is expected to grow at 7% for the next two years and then at 3% forever. If the current dividend is $3 and the required return is 15%, what is the price of the stock? Select one: a. $25.10 b. $25.54 c. $27.68 d. $26.15 e. $29.45 Question 15 Not yet answered Marked out of 1.00 P Flag question A sale and leaseback is defined as an arrangement wherein the asset and the sells an leases the asset. Select one: a. Manufacturer; Lessor b. Lessee; Lessee c. Lessor; Lessor d. Manufacturer, Lessee e. Lessor, Lessee Question 16 Not yet answered Marked out of 1.00 P Flag question Which of the following decision rules results in multiple answers for projects with nontraditional cash flows? Select one: a. Average accounting return b. Discounted payback c. Internal rate of return d. Net present value e. Payback period Question 17 Not yet answered Marked out of 1.00 P Flag question Larger depreciation expenses increase the value of the depreciation tax shield, all else equal Select one: True False Question 18 Not yet answered Marked out of 1.00 P Flag question A growth stock is a stock that results in a low return with relatively low levels of risk Select one: True False