ortal2learn.com/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d2l?ou=26225&isprv=&drc=0&qi=151261&cfql... & 7 Exam Time Left:1:09:24 Lorraine Green Willis: Attempt 1 Question 21 (2.5 points) You buy a stock for which you expect to receive an annual dividend of $2.10 for the 15 years that you plan on holding it. After 15 years, you expect to sell the stock for 32.25. What is the present value of a share for this company if you want a 10% return? a) $7.72 b) $15.97 c) $23.69 d) $31.41 Question 22 (2.5 points) Some preferred stocks are in dividends. meaning that if a company skips a a t 10:35 49F 4 11/26 s 6 & 7 Exam rses.portal2learn.com/d21/lms/quizzing/user/attempt/quiz_start_frame_auto.d21?ou=26225&isprv=&drc=0&qi=151261&cfql... Time Left:1:09:08 Lorraine Green Willis: Attempt 1 Question 28 (2.5 points) What if the company goes out of business in 15 years and thus pays an annual dividend of $2.10 for only those 15 years? What is the present value of a share for this company if we want a 10% return on the stock? a) $15.97 b) $16.97 c) $17.97 d) $18.97 ) 5 & 7 Exam Time Left:1:08:46 Lorraine Green Willis: Attempt 1 d) foreign bond markets Question 37 (2.5 points) You want to invest in a stock that pays $6 annual cash dividends for the next five years. At the end of the five years, you will sell the stock for $30. If you want to earn 10% on this investment, what is a fair price for this stock if you buy it today? a) $41.37 b) $40.37 c) $22.75 d) $18.63 Question 38 (2.5 points) L+