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QUESTION 24 Long Life Floors is expected to pay an annual dividend of 58 a share and plans on increasing future dividends by 4 percent
QUESTION 24 Long Life Floors is expected to pay an annual dividend of 58 a share and plans on increasing future dividends by 4 percent annually. The discount rate is 16 percent. What will the value of this stock be 5 years from today in $ dollars)? QUESTION 25 You have just retired with savings of 56 million. If you expect to live for 58 years and to earn 13% a year on your savings. how much can you afford to spend each year (in S dollars) $(Assume that you spend the money at the start of each year)
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