What is the IRR of a project that has an initial cash outflow of $36,300 and cash inflows of $11,500; $21,700; $0; and $10,400 in Years 1 through 4, respectively?

7.48%

8.56%

8.32%

8.22%

8.83%

Leo Messi Corp. recently pays dividends. Future dividends are projected at $2, $3, and $4 over the next three years, respectively. Beginning four years from now, the annual dividend is expected to grow at 5% annually forever. What is one share of this stock worth to you today if you require a 11 percent rate of return on similar investments?

	$74.9
	$22.88
	$50.62
	$58.34
	$20.09