Retirement Investment Advisors, Inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. You believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. If you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit? Multiple Choice O $16,514.39 $3,638,59 $19,895.36 $21.065.66 $14,389.94 Galvatron Metals has a bond outstanding with a coupon rate of 6.3 percent and semiannual payments. The bond currently sells for $1919 and matures in 17 years. The par value is $2,000 and the company's tax rate is 39 percent. What is the company's aftertax cost of debt? Multiple Choice 3.77% 3.35% 4.09% 3.13% A project will generate annual cash flows of $237.600 for each of the next three years, and a cash flow of $274,800 during the fourth year. The initial cost of the project is $757,600. What is the internal rate of return of this project? Multiple Choice O 9.37% 11.24% 12.18% 10.62% 10.00% You are considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 4.4 percent indefinitely. The company just paid dividend of $3.29 and you feel that the required return on the stock is 10.6 percent. What is the price per share of the company's stock? Multiple Choice O $53.06 a $52.63 O $55.40 $49.86 $31.04