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You have researched Apple stock and see that it was sold for $272.56 last week and sold for $90.52 in May of 2016. During that

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You have researched Apple stock and see that it was sold for $272.56 last week and sold for $90.52 in May of 2016. During that time the company paid dividends of $9.46 per share. What is the rate of return? Select one: a. 200% b. 212% C. 197% d. 222% Which calculation may rank a stock differently because of more than one (positiveegative) changes in cash flows? Select one: a. Net present value NPV b. Standard Deviation c. Internal rate of return d. Discounted payback period A firm has common stock with a market price of $100 per share and an expected dividend of $5.61 per share at the end of the coming year. A new issue of stock is expected to be sold for $98, with $2 per share representing the underpricing necessary in the competitive capital market. Flotation costs are expected to total $1 per share. The dividends paid on the outstanding stock over the past five years are as follows: Dividend $4.00 4.28 Year 4.58 4.90 5.24 The cost of this new issue of common stock is Select one: a. 10.8 percent b. 7.7 percent c. 5.8 percent d. 12.8 percent

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