If a project's IRR is greater than the cost of capital, the project should be rejected

In a contract involving a competent person and a person who is insane but not adjudged insane, the competent party can void the contract

Indicate whether the statement is true or false

Worldwide Inc, a large conglomerate, has decided to acquire another firm

Analysts are forecasting a period (2 years) of extraordinary growth (20%), followed by another 2 years of unusual growth (10 %), and finally a normal (sustainable) growth rate of 6% annually. If the last dividend was D(0 ) = $1.00 per share and the required rate is 8%, what should the market price be today? A) $93.70 B) $72.76 C) $99.66 D) $98.57 E) $68.87