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yes excel can do 28. Malcolm Manufacturing, Inc. just paid a $2.00 annual dividend (that is, D.-2.00). There will be no dividend payment for the

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yes excel can do
28. Malcolm Manufacturing, Inc. just paid a $2.00 annual dividend (that is, D.-2.00). There will be no dividend payment for the next two years (i.e., at t - 1 and t - 2). In year three (t-3), the dividend is expected to be $5.00. The dividend will then grow at 10% annually for the next 3 years (i.e., att-4,t - 5 and t-6) and thereafter (i..., beginning at t - 7) dividends will grow at a rate of 3% annually forever. Assuming a required return of 14%, what is the current price of the stock? 29. Consider a project with the following cash flows: Year =0 t=1 t=2 t-3 t=4 ??? $7,500 $12,500 $15,000 $17.500 The Payback Period of this project is 2.6 years. The appropriate discount rate is 13%. Find the Net Present Value of the project. (Note that the cash flow for two is not provided to you - that is, you must first solve for it)

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