How much will the coupon payments be of a 15 -year $1,000 bond with a 7.5% coupon rate and quarterly payments? A. $6.25 B. $75.00 C. $37.50 D. $18.75 How long will it take $51,000 placed in a savings account at 10% interest to grow into $76,000? A. 4.19 years B. 5.19 years C. 3.19 years D. 6.19 years A stock is expected to pay $1.60 per share every year indefinitely and the equity cost of capital for the company is 8.4%. What price would an investor be expected to pay per share ten years in the future? A. $47.63 B. $28.58 C. $19.05 D. $38.10