Question 12 5 pts A delayed annuity will pay you $800 per year for 30 years but the first payment will not be made until five years from now (payments will be made at the end of years 5 through 34). If interest rates are 12% annually what is the present value of this delayed annuity? $5,120 $54,894 $4,095 $6,444 $2,880 $3,657 Question 10 3 pts A company has announced the growth rate of its dividend going forward will be 3% annually forever. The dividend in year 2 will be $3.00. The discount rate on the stock is 10%. What will the dividend be in year 7? 49.68 3.48 3.58 6.73 5.171 d 3.88