1. Global Enterprises has preferred stock outstanding that sells for $101.69 per share. If the required return is 4.05 percent, what is the annual dividend?

2. You have been asked to review a project with an initial cost of $60,400 and will generate annual cash flows of $17,020 for the next 6 years. Compute the internal rate of return?

3. McDougal, LLC has net working capital of $1,780. If all its current assets were liquidated, the company would receive $5,715. What are McDougal's current liabilities?