2) The Club Auto Parts Company has just recently been organized. It is expected to experience no growth for the next 2 years as it identifies its market and acquires its inventory. However, Club will grow at an annual rate of 5% in the third and fourth years and, beginning with the fifth year, should attain a 10% growth rate which it will sustain thereafter. The last dividend paid was $0.50 per share. Club has a cost of capital of 12%. What should be the present price per share of Club common stock?

Use the given degree of confidence and sample data to construct a confidence interval for the population mean mu . assume that the population has a normal distribution. a laboratory tested twelve chicken eggs and found that the mean amount of cholesterol was 185 milligrams with sequals 17.6 milligrams. a confidence interval of 173.8 mgless than muless than 196.2 mg is constructed for the true mean cholesterol content of all such eggs. it was assumed that the population has a normal distribution. what confidence level does this interval represent?