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Answer the following questions. Table 6-4 or Table 6-5. (Use appropriate factor(s) from the tables provided. Round the PV factors to 4 decimals.) Required: a.

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Answer the following questions. Table 6-4 or Table 6-5. (Use appropriate factor(s) from the tables provided. Round the PV factors to 4 decimals.) Required: a. Spencer Co's common stock is expected to have a dividend of $5 per share for each of the next 8 years, and it is estimated that the market value per share will be $117 at the end of 8 years. If an investor requires a return on investment of 1276, what is the maximum b. Mario bought a bond with a face amount of $1,000, a stated interest rate of 6%, and a maturity date 12 years in the future for $989. The bond pays interest on an annual basis. Three years have gone by and the market interest rate is now 4%. What is the market value of the bond today? c. Alexis purchased a US Series EE savings bond for $150, and twelve years later received $584.34 when the bond was redeemed. What average annual return on investment did Alexis earn over the twelve years? Complete this question by entering your answers in the tabs below. Required A Required B Required Spencer Co.'s common stock is expected to have a dividend of $5 per share for each of the next 8 years, and it is estimated that the market value per share will be $117 at the end of 8 years. If an investor requires a return on investment of 12%, what is the maximum price the investor would be willing to pay for a share of Spencer Co. common stock today? (Do not round intermediate calculations. Round your answer to 2 decimal places) Show less Maximum price Required B)

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