Question: Answer the following questions. Table 6-4 or Table 6-5. Note: Use appropriate factor(s) from the tables provided. Round the PV factors to 4 decimals. Required:

 Answer the following questions. Table 6-4 or Table 6-5. Note: Useappropriate factor(s) from the tables provided. Round the PV factors to 4decimals. Required: a. Spencer Company's common stock is expected to have adividend of $3 per share for each of the next 9 years,and it is estimatec that the market value per share will be

Answer the following questions. Table 6-4 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 $3 per share for each of the next 9 years, and it is estimatec that the market value per share will be $144 at the end of 9 years. If an investor requires a return on investment of 10%, 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 4%, and a maturity date 20 years in the future for $99 The bond pays interest on an annual basis. Three years have gone by and the market interest rate is now 10%. What is the market value of the bond today? c. Alexis purchased a U.S. Series EE savings bond for $250, and ten years later received $648.51 when the bond was redeemed. What average annual return on investment did Alexis earn over the ten years? Complete this question by entering your answers in the tabs below. Spencer Company's common stock is expected to have a dividend of $3 per share for each of the next 9 years, and it is estimated that the market value per share will be $144 at the end of 9 years. If an investor requires a return on investment of 10%, 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. Table 6-4: Factors for Calculating the Present Value of $1 Table 6-5: Factors for Calculating the Present Value of an Annuity of $1 Mario bought a bond with a face amount of $1,000, a stated interest rate of 4%, and a maturity date 20 years in the future for $990. The bond pays interest on an annual basis. Three years have gone by and the market interest rate is now 10%. 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 $250, and ten years later received $648.51 when the bond was redeemed. What average annual return on investment did Alexis earn over the ten years

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