Your return on investment goal hurdle rate) is 5% per year. You are thinking of buying a stock that currently trades for $30/share. You expect the following stream of cash flows from dividends and eventually selling the stock (assume dividends are annual, to make it simpler): Year 1: $1.00/share dividend Year 2: $1.50/share dividend Year 3: $2.00/share dividend Year 4: $2.50/share dividend Year 5: $3.00/share dividend and you sell the stock for $35 immediately after receiving the dividend. What is the NPV of this investment idea? $5.87 (56.36 $13.71 (51.05) $5.16 D Question 4 1 pts You have calculated the IRR per month on an investment is 0.64% (remember, in decimal form that is 0.0064). What is the effective annual rate of return? 2.58% 7.96% 1.28%