QUESTION $2$

Chad owns investment A and $1$ share of stock B$.$ The total value of his holdings is $$374\mathrm{.}79.$ Stock B is expected to pay an annual dividend of $$11\mathrm{.}30$ each year forever, the stock'sexpected return is $7\mathrm{.}17$ percent per year, and its next dividend is expected in $1$ year. Investment A has an expected return of $11\mathrm{.}15$ percent and is expected to pay $x$ per year for afinite number of years such that its first annual payment is expected in $1$ year from today and its last annual payment is expected in $10$ years from today. What is $x,$ the annual cash flow made by investment $A?$

$$36\mathrm{.}61($plus or minus $10$ cents$)$

$$39\mathrm{.}24($plus or minus $10$ cents$)$

$$36\mathrm{.}78($plus or minus $10$ cents$)$

$$37\mathrm{.}11($plus or minus $10$ cents$)$

the answer cannot be obtained based on the given information