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Summer Fun Corp. reported their recent dividends of $3.60. It was $2.70 five years ago. What is their dividend growth rate? A.) 10.77% B.) 7.28%

Summer Fun Corp. reported their recent dividends of $3.60. It was $2.70 five years ago.

What is their dividend growth rate?

A.) 10.77%

B.) 7.28%

C.) 5.92%

D.) 3.11%

How much is their current stock price given the required return is 8%?

A.) 123.75

B.) 240.17

C.) 95.44

D.) 183.32

34.) Summer Fun wants to see whether the company expansion project to Mexico can be profitable. They estimates it would cost $80,000 to build the stores over there and could produce $20,000; $24,000; $28,500; and $32,000 sales for the next 4 years, respectively. If they have 15% cost, how much is the NPV of this project?

A.) -3,550

B.) 6,228

C.) 5,280

D.) -7,426

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