Tresnan Brothers is expected to pay a $1.60 per share dividend at the end of the year (i.e., D1 = $1.60). The dividend is expected to grow at a constant rate of 5% a year. The required rate of return on the stock, rs, is 20% What is the stock's current value per share? Round your answer to the nearest cent. $ Project L requires an initial outlay at t = 0 of $55,000, its expected cash inflows are $15,000 per year for 9 years, and its WACC is 14%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. $ Project L requires an initial outlay at t = 0 of $78,615, its expected cash inflows are $14,000 per year for 9 years, and its WACC is 11%. What is the project's IRR? Round your answer to two decimal places. Project L requires an initial outlay at t = 0 of $49,000, its expected cash inflows are $14,000 per year for 7 years, and its WACC is 9%. What is the project's payback? Round your answer to two decimal places. years