A) A 90-day Jordanian T-Bill is selling for JD 9,915. The par is JD 10,000. How much is the effective annual rate of return?

B) You want to buy a stock in a tech company that paid last year a dividend of $5.00. The firm expects to experience supernormal growth over the next 4 years so they plan to increase the dividends by 15% in the following 4 years, after this period, dividends are expected to grow at a constant rate of 5 percent. If you believe that a 18% required return is appropriate for you. What is this stock worth to you now?