Question: Answer these correctly and show all steps with formulas and i will leave a quick like You invest 5,000 into a mutual fund today. In

Answer these correctly and show all steps with formulas and i will leave a quick like  Answer these correctly and show all steps with formulas and i
will leave a quick like You invest 5,000 into a mutual fund

You invest 5,000 into a mutual fund today. In addition, you plan to invest another 1,800 annually beginning next year into the fund for 10 years. The mutual fund has a 3% front load and 0.8% expense ratio. If the fund earns 9% on the assets each year prior to any expenses, how much will you have at the end of 10 years after paying the expenses? Show your work (either in formula or calculator inputs \& outputs) to receive full score. You are considering the purchase of a new stock. The stock is expected to grow at 1.16% for the foreseeable future and just paid a $3.21 dividend (DO). The required return is 12.85%. Based on this, what is the value of the stock? Round calculations to the nearest cent. Enter the numeric value only (do not enter dollar sign \$)

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