Question &(p Sat Link What is the RR of the following project? Cash Fow Vear 32000 19000 2 10.000 315.200 4 7.800 11 10.8% 2 11.2 % 3) 11.7 % 4) 12.0% 5) 12.3% Question 22 (1 point) Spreadsheet Link Last week Lester's Electronics paid an annual dividend of $2.10 on its common stock The company has a longstanding policy of increasing its dividend by 3 percent annualy This policy is expected to continue What is the form's cost of equity if the stock is currently selling for $44.60 a share? 1) 7.66 percent 2) 7.71 percent 31 7.79 percent 4) 7.85 percent 5) 7.90 percent Ouestion 23 (1 point) Spreadsheet Lnk Juno has 8 percent bonds outstanding that mature in 19 years. The bonds pay interest bonds are selling for $989 each What is Juno's pre tax cost of debt? ally and have a face value of $1.000 Currently, the 11 a.09 percent 2 8.11 percent 30 8.14 percent 4) 8.18 percent 5) 8.23 percent Question 25 (1 point) Speadsheet Link You ve $2.000 today and want to quadruple your money in 10 years (4X0 What interest rate must you earn to do so? 1) 7.18 percent 2) 11.61 percent 3) 14.87 percent 4) 20.13 percent 5) 23.11 percent Question 24 1 pon What is the future value of $4.900 nvested for 8 years at 7 amually percent compoundi 15.429 53 2 $7.644 15 3) $8.419 11 4) $8.536 85 5) $8.564.35 te Question 27 (1point Spreadsheet Link Mr Jones jst won a lottery prize that will pay him $5,000 a year for thirty years He will receive the first payment today If Mr Jones can earn 5.5 ercent on his oney, what are his wirnnings worth to him today? 1) $72.668 73 2 573,47500 3) $74,286 38 4) $75,97142 5) $76.665.51