What is the discounted payback period for the investment project that has the following cash flows, if the discount rate is 14 percent?
Year Cash Flows
0 -14901
1 4404
2 4944
3 5790
4 6826
2. Suppose the stock's inifial price is $15.07 and paid a dividend of $1.37 during the year. If the ending price of the stock $17.02. What is the dividend yield on the stock?
a) 8.26%
b) 9.09%
c) 10.00%
d) 11.00%
e) 12.10%