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1. Which of the following is not a capital when calculating the weighted average cost of capital ( WACC ) for use in capital budgeting?

a. Common stock

b. Accounts payable.

c. Long-term debt.

d. Retained earnings.

2. HaryLary investments just paid a dividend of $1.50 a share. The dividend is expected to grow 10% a year for next 3 years and then 5% a year thereafter. what is the expected dividend per share at the end of third year?

a. $2.00

b. $1.65

c. $1.82

d. $2.10

e. $1.50

please, show me your solution.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92758219

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