Two stages. Iguana Incorporated paid a dividend of $1.55 this year. The dividend is then expected to grow by 10% a year for 3 years; it will be 4% per year after that. The required rate of return is 4.8%. The value of a share of Iguana Incorporated's stock is closest to: $ Number Round your answer to the nearest cent Top Corp. is considering a restructuring. Currently, it is all-equity financed with 6,000,000 ordinary shares outstanding traded at $52 per share on the market. It is planning to borrow $7,000,000 at an annual interest rate of 11% to buy back some of its shares. Top has a tax rate of 35% a. The leverage-indifference EBIT is s Number Round your answer to the dollar b. The leverage-indifference EPS is $ Number Round your answer to the cent
