If a stock's dividend is expected to grow at a constant rate of 5% a year, which of the following statements is correct? the stock is in equilibrium. a. the stock's dividend yield is 5%.b. the price of the stock is expected to decline in the future. c. the stock's required return must be equal to or less than 5%.d. the stock's price one year from now is expected to be 5% above the current price. e. the expected return on the stock is 5% a year.

Rolston music company is considering the sale of a new sound board used in recording studios. the new board would sell for $27,200, and the company expects to sell 1,570 per year. the company currently sells 2,070 units of its existing model per year. if the new model is introduced, sales of the existing model will fall to 1,890 units per year. the old board retails for $23,100. variable costs are 57 percent of sales, depreciation on the equipment to produce the new board will be $1,520,000 per year, and fixed costs are $1,420,000 per year.if the tax rate is 35 percent, what is the annual ocf for the project?