!\ Required information\ Assume you pay the reduced amount of

$4,445

for a corporate stock that has a market value of

$5000

. The stock pays an annual dividend of

3.8%

of its market value. Since this is primarily a dividend-paying stock, you estimate that you will sell the stock 10 years from now at the current

$5000

market value.\ Identify the spreadsheet function that displays the present worth now (year 0) of the original purchase price, dividends, and proceeds when the stock is sold after 10 years, if

i=7.9%

per year.\ The spreadsheet function is

=-PV(7.9%,10,190,5000)-4445

, and it displays

$

Required information Assume you pay the reduced amount of $4,445 for a corporate stock that has a market value of $5000. The stock pays an annual dividend of 3.8% of its market value. Since this is primarily a dividend-paying stock, you estimate that you will sell the stock 10 years from now at the current $5000 market value. Identify the spreadsheet function that displays the present worth now (year 0 ) of the original purchas price, dividends, and proceeds when the stock is sold after 10 years, if i=7.9% per year. The spreadsheet function is =PV(7.9%,10,190,5000)4445, and it displays $ Required information Assume you pay the reduced amount of $4,445 for a corporate stock that has a market value of $5000. The stock pays an annual dividend of 3.8% of its market value. Since this is primarily a dividend-paying stock, you estimate that you will sell the stock 10 years from now at the current $5000 market value. Identify the spreadsheet function that displays the present worth now (year 0 ) of the original purchas price, dividends, and proceeds when the stock is sold after 10 years, if i=7.9% per year. The spreadsheet function is =PV(7.9%,10,190,5000)4445, and it displays $