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1. MECCS Market is considering opening a new location with an initial cost of $928,700. This location is expected to generate cash flows of $132,400, $261,500, $387,800, $401,000 and $550,000 in Years 1 to 5. What is the payback period?

2. One year ago, you purchased a stock at a price of $28.50 a share. Today, you sold the stock and realized a total return of 20.35 percent. Your capital gain was $3.20 a share. What was the amount of dividend you received on this stock during the year?

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Financial Management, Finance

Category:- Financial Management
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