The Sisyphoan Company's common stock is curtenty trading for $28 per share. The stock is expected to pay a $2.10 dividend at the end of the year and the Sisyphean Company's equity cost of capital is 14%. If the dividend payout rate is expected to remain constant, then the expected grovth rato in the Sisyphean Company's earnings is closest to: A. 9.75% B. 13% C. 325% D. 6.5% JRN Enterprises just announced that it plans to cut its next-year dividend, D1, from $3.00 to $1.00 per share and use the oxtra funds to expand its operations. Prior to this announcoment, JRN's dividends were expected to grow at 4% per year and JRN's stock was trading at $26.00 per share. With the new expansion, JRN's dividends are expected to grow at 8% per year indefinitely. Assuming that JRN's risk is unchanged by the expansion, the value of a share of JRN after the announcoment is closest to: A. $8.67 B. 526.00 C. $13.27 D. $39.80 How long will it take $47,000 placed in a savings account at 10% interest to grow into $72,000? A. 5.48 years B. 6.48 years C. 4.48 years D. 3.48 years