Q9. Joe can afford $300 a month for 5 years for a car loan. If the interest rate is 4.65 percent, how much can he afford to borrow to purchase a car? (Hint: This is an annuity present value question involving payment on a monthly basis) Q10. The common stock of Tiffany Fabrics pays an annual dividend of $1.85 a share. The company has promised to maintain a constant dividend even though economic times are difficult. How much are you willing to pay for one share of this stock if you want to earn a 9 percent annual return? (Hint: Use constant dividend formula to find value of a stock)