5. Goldman Sachs is expected to pay a dividend of $0.75 at the end of the year required rate of return is r-10.5%, and the expected constant growth rate le 6.4%. What is the value of the stock (in dollars)? a. b. $17.39 $17.84 $18.29 $18.75 $19.22 You want to quit your job and return to school for a law degree three years from now. As such, you plan to save $7,000 per year, beginning immediately. You will make three deposits in an account that pays 5.2% interest. Under these assumptions, how much will you have saved at the end of three years i.e., three years from today)? $21,993 $23,261 $23,767 $24,424 $25,645 d. e. Suppose your credit card issuer states that it charges a 15.00% nominal annual rate, but you must make monthly payments, which amounts to monthly compounding What is the effective annual rate? 15.27% 16.08% 16.88% 17.72% 18.61% d. e. You plan to invest in fixed income securities that pay 8.0%, compounded annually. If you invest $5,000 today, how many years will it take for your investment to grow to $9,140.20? (Round to the nearest year). 10