You are considering taking over one of your competitors. The competitor is projected to pay a dividend of $4.75 per share at the end one year from now. The dividend is expected to grow by 2% by the end of year two and similarly every year thereafter. The appropriate risk adjusted discount rate is 10% per year. How much are you prepared to pay per share? a. $59.38 b.$51.97 c.$61.88 d.$58.03 2. LIBOR notes are often sold in large denomination with a 90-day maturity, and their interest rate convention is based on a year with 360 days. What is the change in interest on a million-dollar face value LIBOR note with a 90-day maturity if the interest rate changes by one day basis? a.$1,000 b.$ 100 c.$25 d.$250 e. It is not possible to generalize