Question: please quick solve Suppose that you will receive $5,000 in year 1, $5,000 in year 2, $5,000 in year 3 and $7,000 in year 5.

Suppose that you will receive $5,000 in year 1, $5,000 in year 2, $5,000 in year 3 and $7,000 in year 5. And somehow you know that the present value for the whole cash stream is $23,605.33. At a 7% discount rate, the cash flow received in year 4 will be Select one: a. $6,500 b. $7,000 c. $6,800 d. $7,200 Last year, XYZ Company paid a dividend of $3.40. It expects zero growth in the next year. In years 2 and 3, 5% growth is expected, and in year 4, 15% growth. In year 5 and thereafter, growth should be a constant 5% per year. What is the maximum price per share that an investor who requires a return of 10% should pay for XYZ common stock? Select one: a. $73.63 b. $68.15 c. $71.74 d. $69.91
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