A machine will fetch $1.3 million in cash flows each year for the next 10...

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A machine will fetch $1.3 million in cash flows each year for the next 10 years. You require a return of 10% of this investment. What is the maximum (approximate) you will be willing to pay for this machine today? Select one: O a. $7.99 million o b. $8.75 million O c. $9.25 million O d. $6.50 million o e. $3.90 million A machine will fetch $1.3 million in cash flows each year for the next 10 years. You require a return of 10% of this investment. What is the maximum (approximate) you will be willing to pay for this machine today? Select one: O a. $7.99 million O b. $8.75 million O c. $9.25 million O d. $6.50 million o e. $3.90 million HCSH's common stock has just paid $1.00 in dividends. Nine years ago, it paid $.5 in dividends. HCSH's dividends have grown at a rate of (approximately) Select one: O a. 22% o b. 5.6% O c. 8.0% O d. 9.0% o e. 10.0% Suppose, you compute the intrinsic value of HCSH is $30. The market price of HCSH is $28. HCSH is Select one: O a. Overvalued o b. Undervalued O c. Correctly valued O d. At equilibrium o e. All of the above

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