The nominal rate of return is % carned by an investor in a bond that was purchased for $1,000, has an annual coupon of 8%, and was sold at the end of the year for $9607 Assume the face value of the bond is $1,000 You have just retired with savings of 56 milion. If you expect to live for 58 years and to earn 13% a year on your savings, how much can you afford to spend each year (ins dollars)? Assume that you spend the money at the start of each year) Long Life Floors is expected to pay an annual dividend of $8 a share and plans on increasing future dividends by 4 percent annually. The discount rate is 16 percent. What will the value of this stock be 5 years from today (in dollarsy