Question 12 A stock is bought for $22.50 and sold for $27.00 one year later, immediately after it has paid a dividend of $1.50. What is the capital gains rate O 10.00% O 16.00% 4.00% O 20.00% Previous are 3 Question 13 An annuity pays $14 per year for 97 years. What is the present value (PV) of this annuity given that the discount rate is 5% O $166.52 O $277.54 O $333.05 O $388.56 Question 14 Just five years ago, Joe's Bagel's revenues were $4 million. Today his company's revenues are $17 million. What annual rate have Joe's revenues been growing 335% O 22.42% O37.97% O 31.95%