Question
Since your birth , your grandparents have been depositing $100 into a savings account every month. The account pays 12% interest annually. Immediately after your
Since your birth, your grandparents have been depositing $100 into a savings account every month. The account pays 12% interest annually. Immediately after your grandparents make the deposit on your 18thbirthday, the amount of money in your savings account will be closestto:
A.
$ 75 comma 786
$75,786
B.
$ 90 comma 943
$90,943
C.
$ 106 comma 100
$106,100
D.
$ 45 comma 472
The SisypheanCompany's common stock is currently trading for $26.75 per share. The stock is expected to pay a $2.5 dividend at the end of the year and the SisypheanCompany's equity cost of capital is 15%. If the dividend payout rate is expected to remainconstant, then the expected growth rate in the SisypheanCompany's earnings is closestto:
A.
2.83
2.83%
B.
5.65
5.65%
C.
11.3
11.3%
D.
8.48
8.48%
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