1.One of Rafaels clients, Genesius, Inc., issued 1,500,000 shares of common stock and 400,000 shares of cumulative preferred stock. The annual dividend on the preferred stock is $2.10 per share. Due to poor earnings, a dividend of $0.55 was paid last year. This year the board of directors has decided to distribute $2,750,000 in dividends. Natalia Sandino owns 500 shares of common stock in this company. What is Natalias annual dividend this year? Round to the nearest whole dollar.

2.Six years ago, Rafael Sandino bought a 6%, 30-year corporate bond for $1,050. If he keeps the bond until maturity what will be his yield to maturity? Assume he receives interest checks semiannually. Round to the nearest hundredth of a percent.

3.Jonathan purchased some corporate stock 8 years ago for $12,000. He received quarterly dividends of $225 at the end of each quarter for the first 5 years, nothing for the sixth year, and $250 at the end of each quarter for the last 2 years. Immediately after receiving the last quarterly dividend, Jonathan sold the stock for $15,385. What was his annual rate of return? (IRR) Round your rate to the nearest tenth of a percent.