Question: just write answers. No need for solutions. 28, Asymmetric Frames Corp had a retum on equity of 15%. The corporation's earnings per share was $6.00,

just write answers. No need for solutions.
 just write answers. No need for solutions. 28, Asymmetric Frames Corp

28, Asymmetric Frames Corp had a retum on equity of 15%. The corporation's earnings per share was $6.00, its dividend payout ratio was 40% and its profit-retention rate was 60%. If these relationships continue, what will be United Financial Corp's internal growth rate? A) 6,0% B) 8.6% C) 9.0% D) 15.6% 29. You deposit $5,000 per year at the end of each of the next 25 years into an account that pays 8% compounded annually. How much could you withdraw at the end of each of the 20 years following your last deposit if all withdrawals are the same dollar amount? (The twenty-fifth and last deposit is made at the beginning of the 20-year period. The first withdrawal is made at the end of the first year in the 20-year period.) A) $18,276 B) $27,832 C) $37,230 D) $43,289 30. You are going to pay $800 into an account at the beginning of each of 20 years. The account will then be left to compound for an additional 20 years until the end of year 40, when it will turn into a perpetuity You will receive the first payment from the perpetuity at the end of the 41st year. If the account pays 14%, how much will you receive from the perpetuity each year (round to nearest $1,000)? A) $140,000 B) $150,000 C) $160,000 D) $170,000 31. You plan to go to Asia to visit friends in three years. The trip is expected to cost a total of $10,000 at that time. Your parents have deposited $5,000 for you in a Certificate of Deposit paying 6% interest annually, maturing three years from now. Uncle Lee has agreed to pay for all remaining expenses. If you are going to put Uncle Lee's gift in an investment earning 10% over the next three rs, how much must he deposit today, so you can visit your friends three years from today? A) $3,757 B) $3,039 C) $5,801 D) S3,345

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