Submit Answer format: Currency: Round to: 2 decimal places. #28 Caspian Sea Drinks needs to raise $33.(o million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $3.00 next year, which will grow at 3.41% forever and the cost of equity to be 12.85%, then how many shares of stock must CSD sell? Submit Answer format: Number: Round to: 0 decimal places. 820 Suppose the risk-free rate is 1.08% and an analyst assumes a market risk premium of 7.64%. Firm A just paid a dividend of $1.26 per share. The analyst estimates the of Firm A to be 1.37 and estimates the dividend growth rate to be 4.26% forever. Firm A has 299.00 million shares outstanding. Firm B just paid a dividend of $1.68 per share. The analyst estimates the B of Firm B to be 0.80 and believes that dividends will grow at 2.72% forever. Firm B has 191.00 million shares outstanding. What is the value of Firm A? Submit Answer format: Currency: Round to: 2 decimal places. 130 A stock just paid a dividend of $2.50. The dividend is expected to grow at 21.32% for three AA NAIL #31 Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.68 million and create incremental cash flows of $800,041.00 each year for the next five years. The cost of capital is 11.52%. What is the net present value of the J-Mix 2000? Submit doaimollen