13. Uptown Homes just paid a $1.60 annual dividend. This dividend is expected to increase by 3% per year. If you are planning on buying 1,000 shares of this stock one year from now, how much should you expect to pay per share if the market rate of return for this type of security is 13.5% at the time of your purchase? A. $10.29 B. $15.24 C. $15.70 D. $16.17 E. $16.66

14. If a company has a current stock price of $37, an EPS of $2.25/share; EPS growth rate of 15% and the investors rate of return is 15%, calculate the cash cow price. A. $15.00 B. $15.50 C. $16.00 D. $16.50 E. $17.00

15. If a company has a current stock price of $40, an EPS of $1.5/share; EPS growth rate of 15% and the investors rate of return is 10%, calculate the cash cow price. A. $15.00 B. $15.50 C. $16.00 D. $16.50 E. $17.00

16. New Metals, Inc. is planning on expanding their operations when the economy strengthens in a few years. At that time they will need to purchase additional equipment. Four years ago, they set aside $300,000 in a special account for this purpose. Today, that account is worth $383,048.98. What rate of interest is New Metals earning on this money? A. 5.87% B. 5.92% C. 6.26% D. 6.30% E. 6.35%