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Question 9 (5 points) Portal, Inc. has announced t will pay a $4.40 dividend next year. Two years ago, Portal paid a $4.00 dividend. The
Question 9 (5 points) Portal, Inc. has announced t will pay a $4.40 dividend next year. Two years ago, Portal paid a $4.00 dividend. The market required rate of return on Portal common stock is 14.00 percent. What is the current market value of a share of Portal common stock? Express you answer to 2 decimal places and do NOT use a dollar sign. Your Answer: Answer Question 10 (5 points) Consider a project with the following cash flows: Year 0 -$95,000 Year 1 $45,000 Year 2 $41,000 Year 3 $36,000 The discount rate is 7.00% What is the NPV for this project. Round to the nearest dollar and do NOT use a dollar sign
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