QUESTION 32 What is the present value of an investment that promises to pay the investor $10,000 at the end of each year for the next 5 years if the investor desires a 5% rate of return?. O a. $ 50,000 Ob.$ 38,897 Oc$ 42,397 O d. $ 71,078 QUESTION 33 Investors estimate that the Walsh Corporation will pay a $4.00 per-share dividend one year from now, and that the dividend will grow at a 4% rate for the foreseeable future. The company's stock is currently selling for $40 per share. What is Walsh Corporation's cost of retained earnings? O a. 14% O b. 10% O c.8% O d.4%