Spacefood Products will pay a dividend of $2.40 per share this year. It is expected that this dividend will grow by 4.50% per year each year in the future. What will be the current value of a single share of Spacefood's stock if the required return is 12.30%? OA) $24.00 B) $34.29 OC) $30.77 OD) $34.78 OE) $32.43 Question 19 (5 points) Listen A home buyer buys a house for $2,155,000. She pays 20% cash, and takes a fixed- rate mortgage for ten years at 7.70% APR for the remaining. If she makes biweekly payments for the mortgage, what is the amount of each of her payment? OA) $10,311 OB) $9.106 OC) $11,374 OD) $8,706 O E) $9,517 Question 20 (5 points) Listen A manufacturer of video games develops a new game over two years. This costs $830,000 per year with one payment made immediately and the other at the end of two years (no cash flow during the first year). When the game is released in two years, it is expected to make $1,200,000 at the end of each year for three years after that. What is the Net Present Value (NPV) of this decision if the cost of capital is 11.00%? OA) $1,940,000 B) $805,663 C) $1,074,739 OD) $950,349 E) $876,402