Sharon's parents bought the kids a total of 100 shares of aggressive growth stock three years ago at $40 per share. The current value of the stock is $30. The following dividends have been paid on the stock at the end of the year: Year 1 $3.45 Year 2 $4.25 Year 3 $5.75 What is the internal rate of return (IRR) earned on this investment? 2.3% -3% 03.07% -1.3% Question 9 5 pts Rather then paying rent, Jeff and Sharon want to purchase, with cash, a $95,000 town home for their son Brett to live in while attending college. They expect the home to increase in value at a rate of 5% annually. The opportunity cost for the cash purchase is 7% (discount rate). They believe Brett can find roommates to pay rent toward the purchase that will produce the following net after-tax cash flows: Year 1 $300 Year 2 $300 Year 3 $400 Year 4 $500 What will the value of the home be if sold at the end of the fourth year