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QUESTION 15 Computech Corporation is expanding rapidly and currently needs to retain all of its earnings: hence, it does not pay dividends. However, investors expect

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QUESTION 15 Computech Corporation is expanding rapidly and currently needs to retain all of its earnings: hence, it does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $0.50 per year, in year 3. The dividend should grow rapidly at a rate of 50% per year during Years 4 and 5: but after Year 5. growth should be a constant 6% per year forever. If the required return on Computech is 14%, what is the value of the stock today? $11.22 $12.56 $9.11 $8.16 QUESTION 16 To buy a car, you need to take out a $30,000 fixed rate loan with 5 years to maturity, 60 equal monthly payments, and a quoted annual interest rate of 9% APR. What will be your monthly car loan payment? $908.95 con no "ick Save and Submit to save and submit. Click Save All Answers to save all answers. Save All QUESTION 15 Computech Corporation is expanding rapidly and currently needs to retain all of its earnings: hence, it does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $0.50 per year, in year 3. The dividend should grow rapidly at a rate of 50% per year during Years 4 and 5: but after Year 5. growth should be a constant 6% per year forever. If the required return on Computech is 14%, what is the value of the stock today? $11.22 $12.56 $9.11 $8.16 QUESTION 16 To buy a car, you need to take out a $30,000 fixed rate loan with 5 years to maturity, 60 equal monthly payments, and a quoted annual interest rate of 9% APR. What will be your monthly car loan payment? $908.95 con no "ick Save and Submit to save and submit. Click Save All Answers to save all answers. Save All

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