Question 5 1 Point 8.4 Northern Gas just paid a $6 annual dividend on its common stock. This dividend increases at 7 percent per year. The stock is currently selling for $20 a share. What is the required rate of return? Only Enter the Final Answer in Decimals. Select one of the following: 0.39 0.5 0.35 0.27 0.41 Add your answer Question 7 1 Point Find the Payback period of this project: Year 0: CF = -1000 Year 1: CF = 200 Year 2: CF = 200 Year 3: CF = 200 Year 4: CF = 200 Year 5: CF = 200 Year 6: CF = 2000 Management has decided they will only accept projects with payback of less than 6 years. Should they accept or reject this project? A Accept since payback of the project is 5 years B Accept since payback of the project is 4 years C Reject since payback of the project is 4 years D) Reject since payback of the project is 5 years