Question 17 1 points Save Answer Jefferson's recently paid an annual dividend of $7 per share. The dividend is expected to decrease by 2% each year. How much should you pay for this stock today if your required return is 14% (in $ dollars)? 5. uestion 18 1 points Save Answer You have just retired with savings of $8 million. If you expect to live for 54 years and to earn 8% a year on your savings, how much can you afford to spend each year (in $ dollars)? $ (Assume that you spend the money at the start of each year.) Question 19 1 points Save Answer After learning the course, you divide your portfolio into three equal parts (.e., equal market value weights), with one part in Treasury bills, one part in a market index, and one part in a mutual fund with beta of 1.03. What is the beta of your overall portfolio