The owner of a number of gas stations is considering installing coffee machines in his gas stations. It will cost $290,000 to install the coffee machines, and they are expected to boost cash flows by $139,821 per year for their five-year working life. What must the cost of capital be if this investment has a profitability index of 1? O A. 16.42% B. 3.28% O C. 13.13% OD 6.57% NoGrowth Industries presently pays an annual dividend of $1.90 per share and it is expected that these dividend payments will continue indefinitely. If NoGrowth's equity cost of capital is 11%, then the value of a share of NoGrowth's stock is closest to O A. $20.72 OB. $13.82 OC. $17.27 OD. $19.00