A bank offers 5.00% on savings accounts. What is the effective annual rate if interest is compounded continuously? Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434))

A firm just paid a dividend of $1.28. The dividend is expected to grow at a constant rate of 2.00% forever and the required rate of return is 14.69%. What is the value of the stock?