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Question 39 1 pts Strauss, Inc., anticipates changing is dividend payout. For the next four years, the dividend will continue to grow at 12%. After
Question 39 1 pts Strauss, Inc., anticipates changing is dividend payout. For the next four years, the dividend will continue to grow at 12%. After Year 4, the growth rate will fall to 3.50% and stay there. Straus just paid an annual dividend of $1.20. The required return on Strauss stock is 11.75%.What is one share worth? Answer in whole numbers, rounded to two decimal places. Question 40 1 pts Consider a project with an initial investment (today, t = 0) of $1,500,000 This project will generate cash flows of $380,500 per year for the next 6 years. The remaining assets from the project will be sold for scrap for $310,000 at the end of Year 6. What is the net present value (NPV) of the project under a 6.75% appropriate discount rate? There are no taxes to consider. Answer in whole numbers, rounded to two decimal places
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