Question 8 15 pts Racquel deposited $40,000 in an account paying 4.8% annual interest in 2009. She now wants to make four equal annual withdrawals from the account starting with the first withdrawal in 2021. Racquel also wants to have exactly $60,000 left in the account in 2026. How large can each of the annual withdrawals be? O $2,472.81 o $4,843.16 O $31,517.81 o $6,385.30 O $6,092.84 D Question 9 15 pts Bonnie and Clyde are both considering an investment in the stock of PhillyETC. Based on the constant-growth dividend discount model, they both agree on the same valuation of the stock However, Bonnie believes that the dividend growth rate will be 5%, while Clyde expects dividends to grow at 2%. What are Bonnie and Clyde's relative required returns for PhillyETC? o Bonnie required return Clyde required return O Bonnie required return > Clyde required return o They both have the same required retur