34.

Dinosaur Consulting, Inc.s Preferred stock is expected to pay a $8 annual dividend forever. If the required rate of return on equivalent investments is 10%, then what is a share of the Preferred stock worth?

Question 34 options:

	$80.00
	$99.00
	$8.00
	$90.00
	$125.00

41.

You are practicing by performing a retirement calculation: retire in 30 years from today, withdraw $90,000 per year for 20 years (assuming no withdrawal after 20 years). This is the complex plan to meet the retirement goal in the problem: first, employer contribution of $1,500 annually until retirement, i.e. 30 years' contribution. Second, a distribution of $25,000 from a family trust 20 years from today.

What amount must the subject of this problem deposit annually to meet the retirement goal if 8% is the appropriate interest rate?

Question 41 options:

	5824
	There is not enough information to calculate the amount that you have to deposit in the scenario described.
	6824
	6024