1. Tiffany bought a stock for $80 and company paid no dividend. At the end of the year she sold the stock for $60. For the holding time, how much return this stock generated for her? She wanted a 35% return on this stock when purchased. At what selling price, she would have generated that return? 2. Last year Medtronic paid $32 dividend per share Tax rebate amounted to 10% per share. Dividend is expected to grow at 15% per year. If shareholders require a 28% return, what is the fair value of Medtronic share? 3. Vanguard Mutual Fund portfolio after market closing for 17/5/20 is given below. The fund's total expense incurred today was $25,000. Calculate the NAV for the mutual fund. On the following day GE and Target lost 5% of its market value. Calculate the NAV for the following day