1. If a preferred stock from the FIN340 Company pays $1.00 in annual dividends and the required return on the preferred stock is 5.0%, what is the current value of the stock?

2. A fast growing firm paid a dividend of $1.00 per share during the most recent year, The dividend is expected to increase at a rate of 20.0% per year for the next 3 years , Afterwards, a more stable 5.00% annual growth rate should be assumed - If a 10.00% discount rate is appropriate for this stock, what is its value?

3. The FIN340 Company has a net profit margin of 5.00% on annual sales of $1,000,000 and the firm has 50,000 shares outstanding. If the firm's P/E ratio is 10.0X, how much is the stock currently selling for?

4. You want to buy a $9,750 car and the dealer offers you a 7-year loan with an 11.95% APR and no down payment required - Assuming monthly compounding, what will the monthly payments be?