Answer the following questions. Table 64 or Table 6-5. Note: Use appropriate factor(s) from the tables provided. Round the PV factors to 4 decimals. Required: a. Spencer Company's common stock is expected to have a dividend of $4 per share for each of the next 10 years, and it is estimated that the market value per share will be $122 at the end of 10 years. If an investor requires a return on investmen of 6%, what is the maximum price the investor would be willing to pay for a share of Spencer Company common stock today? b. Mario bought a bond with a face amount of $1,000, a stated interest rate of 12%, and a maturity date 17 years in the future for $986. The bond pays interest on an annual basis. Three years have gone by and the market interest rate is now 4%. What is the market value of the bond today? c. Alexis purchased a U.S. Series EE savings bond for $300, and eight years later received $555.25 when the bond was redeemed. What average annual return on investment did Alexis earn over the eight years? Complete this question by entering your answers in the tabs below. Spencer Company's common stock is expected to have a dividend of $4 per share for each of the next 10 years, and it is estimated that the market value per share will be $122 at the end of 10 years. If an investor requires a return on investment of 6%, what is the maximum price the investor would be willing to pay for a share of Spencer Company common stock today? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Mario bought a bond with a face amount of $1,000, a stated interest rate of 12%, and a maturity date 17 years in the future for $986. The bond pays interest on an annual basis. Three years have gone by and the market interest rate is now 4%. What is the market value of the bond today? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Alexis purchased a U.S. Series EE savings bond for $300, and eight years later received $555.25 when the bond was redeemed. What average annual return on investment did Alexis earn over the eight years