17 Using the information from the previous question, if Emerald's stock price is currently $35, and assuming markets are efficient, calculate Emerald's required rate for it's stock. using do using d1 For this questions, rearrange the Gordon 4.38% or 5.05% Model. Use the growth rate from the previous 5.95% or 6.07% Question. Some analysts use d0 (current dividend of $1.05 6.95% or 7.06% and other analysts used1 ($1.05(1.0491)-$1.10 7.91% 8.06% 18 All else equal, a capital budgeting project will be more attractive a. to an investor when interest rates are lower b. to an investor when interest rates are higher c. to the investor with the lower tax appetite to the investor with the higher tax appetite both a and d are correct a. b. C. d or d