Question: Answer the following a. Niagara Inc. will pay its first dividend of $2.00 per share 5 years from now and will increase the dividend at

Answer the following

a. Niagara Inc. will pay its first dividend of $2.00 per share 5 years from now and will increase the dividend at a constant rate of 5% per year thereafter. If the required return on the companys stock is 10%, what will be the price of this stock 10 years from now?

b. For the next 20 years, you are going to make monthly withdrawals at the beginning of each month from the account that currently has $100,000. If the rate of return is 6% compounded monthly, how much is the size of each monthly withdrawal?

Currencies BMC Module. Use the chart below to answer the question. How many British pounds (GBP) will buy 10 New Zealand dollars (NZD)?

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