Question: 5. How much would $1, growing at 3.5% per year, be worth after 75 years? O a) $12.12 Ob) $12.60 c) $13.20 O d) $14.55
5. How much would $1, growing at 3.5% per year, be worth after 75 years? O a) $12.12 Ob) $12.60 c) $13.20 O d) $14.55 O e) None of the above 6.XYZ co. has a preferred stock with an annual dividend of $8.5 per share. If the required return on this preferred stock is 7.5%, at what price should the stock sell? O a) $106 Ob) $105 Oc) $103 O d) $113.33 e) None of the above
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