2020-FIN-3351-W1 > Assignments > Ch.8 Ch.8 Due Monday by 11pm Points 10 Submitting an extemal tool Available after May 13 at 12am aments ents ns FIN 3351 (1) (1) Charlie Garcia & Homework: Ch. 8 Save gate Score: 0 of 1 pt 1 of 10 (9 complete) HW Score: 90%, 9 of 10 pts Mini Case. Chapter 8 (similar to) Question Help You have finally saved $10,000 and are ready to make your first investment. You have the three following alternatives for investing that money A Microsoft bond with a par value of $1,000 that pays 10.00 percent on its par value in interest, sells for $1.150.25, and matures in 14 years Southwest Bancorp preferred stock paying a dividend of $3.41 and seling for $26.71 - Emerson Electric common stock selling for $57.73, with a par value of $5. The stock recently paid a $1.28 dividend, and the firm's earnings per there has increased from $2.35 to $3.77 in the past 5 years. The firm expects to grow at the same rate for the foreseeable future A. If your required rate of return on the bonds is 7.50%, what is the value of Microsoft bond? (Round to the nearest cent) nces sations 65 Enter your answer in the answer box and then click Check Answer Recordings 11 parts Clear All Choli An remaining Materials 28 X W TI