1. A stock is currently selling for $79 per share. Your required return for this type of stock is 12%. If the stock just paid a dividend of $4, what must the growth rate be?
2. You just added a laser cutter to your fabrication business at a cost of $25,000. It will have a useful life of 10 years. If it has a salvage value of $5,000 what are the SOYD and ACRS depreciation schedules?