Provide your answers and detalled explanations to the following questions (5 Points each). Show your work to get full credit! a) On your nineteenth birthday ( 19th ), you received a gift of $10,000cash, which you invested at 5.5 percent interest. compounded annually. Your investment is now worth $35,000. How old are you today? b) Huntington Industries has bonds on the market making annual payments, with 15 years to maturity, a par value of $1,000, and selling for $1,350. At this price, the bonds yield 6.5 percent. What is the coupon rate? c) Your older brother deposited $5,000 today at 7.5 percent interest for 5 years. You would like to have just as much money at the end of the next 5 years as your brother will have. However, you can only earn 6 percent interest. How much more money must you deposit today than your brother did if you are to have the same amount at the end of the 5 years? d) A 15-year, 6 percent coupon bond pays interest semiannually. The bond has a face value of $1,000. What is the percentage change in the price of this bond if the market yield to maturity rises to 5.7 percent from the current rate of 5.5 percent? e) ABC Companies is preparing to pay dividends of $.55,$.70, and $.85 a share over the next three years, respectively. After that, the annual dividend will be $1.10 per share indefinitely. What is this stock worth to you per share if you require a retum of 10.0 percent? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)