1. A stock pays a constant annual dividend, and sells for $90.25 a share. If the market rate of return on this stock is 4.4 percent, what is the dividend amount?
$3.97
$4.55
$8.49
$8.52
2. A project's cash flows are conventional. The required return is 17%. The project's NPV > 0. Therefore the project's:
IRR < 0.
IRR < 17%.
IRR = 17%.
IRR > 17%.