s4. An insurance fim agrees to pay you $3,306.66 at the end of 20 years is you pay premiums of S100 per year at the end of each year for 20 years. Find the internal rate of return to the nearest whole percentage point. .9% b.7% c.5% d.3% e. 11% ratio is 65%, its expected constant dividend growth rate is 6.0%, and its common stock currently sells for $32.50 per share. New stock can be sold to the public at the current price, but a flotation cost of 5% would be incurred, what would be the cost of equity from new common stock? 35. Weaver Chocolate Co. expects to ean $3.50 per share (EPSI) its expected dividend payout a. 12.70% b. 13.37% c. 14.04% d. 14.74% e. 15.48% 36. Assume that you are on the financial staff of Vanderheiden Inc,and you have collected the following data. The yield on the company's outstanding bonds is 7.75%, its tax rate is 40%, the next expected dividend is $0.65 a share, the dividend is expected to grow at a constant rate of 6.00% a year, the price ofthe stock is $15.00 per share, the flotation cost for selling new shares i, F-10%, and the target capital structure is 45% debt and SS% common equity. What is the firm's WACC, assurning it must issue new stock to finance its cspital budget? a. 6.89% b. 7.26% c. 7.64% d.804% e. 8.44% 7 Simkins Renovations Inc, is considering a project What is the project's IRR? Note that a (and even negative), in which case it will be rgjected. that has the following cash flow data. project's projected IRR can be less than the WACC Year Cash flows 835.17 $300 $290 $280 $270 a 14.00% b. 15.00% c. 16.00% d,17.00% e18.00%