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Canvas Learning Management System Question 11 1 pts You want to buy a house but do not want to get a loan. The average price

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Canvas Learning Management System Question 11 1 pts You want to buy a house but do not want to get a loan. The average price of your dream house is $600,000 and its price is growing at six percent per year. How much should you invest in a project at the end of each year for the next five years in order to accumulate enough money to buy your dream house with cash at the end of the fifth year? Assume the project pays 12 percent rate of return. $126,390 None of the given answers is correct $120.587 $120.935 $120.000 D Question 12 1 pts You buy 50 shares of ABC stock at $30/share; stock currently pays $3/share in annual dividends. Price of the stock increases at 20%/year and dividends grow at 10%/year. Assume a 3 years holding period. What is the value of your 50 ABC shares portfolio without DRIP? $253,00 None of the given answers is correct $158.00 $134.66 5252.00 Question 13 1 pts Canvas Learning Management System Question 11 1 pts You want to buy a house but do not want to get a loan. The average price of your dream house is $600,000 and its price is growing at six percent per year. How much should you invest in a project at the end of each year for the next five years in order to accumulate enough money to buy your dream house with cash at the end of the fifth year? Assume the project pays 12 percent rate of return. $126,390 None of the given answers is correct $120.587 $120.935 $120.000 D Question 12 1 pts You buy 50 shares of ABC stock at $30/share; stock currently pays $3/share in annual dividends. Price of the stock increases at 20%/year and dividends grow at 10%/year. Assume a 3 years holding period. What is the value of your 50 ABC shares portfolio without DRIP? $253,00 None of the given answers is correct $158.00 $134.66 5252.00 Question 13 1 pts

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