1) If Treasury bills are currently paying 3.84 percent and the inflation rate is 1.63 percent, what is the exact real rate? A) 1.27 percent B) 2.17 percent C) 1.20 percent D) 1.32 percent E) 1.54 percent

2) Shortbow common stock is selling for $27.80 a share and has a dividend yield of 5 percent. What is the dividend amount? A) $1.31 B) $3.49 C) $1.87 D) $1.39 E) $5.78

3) The common stock of Gorky Park sells for $33 a share, has a rate of return of 11.4 percent, and a dividend growth rate of 1 percent annually. What was the amount of the last annual dividend paid? A) $3.61 B) $3.40 C) $3.21 D) $3.58 E) $3.22