To fund her retirement, Gladys estimates that she will require $50,000 each year-end growing at 2% p.a. for the next 30 years. How much does Gladys need today to meet this objective assuming she earns 5% p.a. on the retirement monies? Select one: O A $1,921,556 OB. $768,623 OC $617,980 OD $968,153 The preferred stock of ABC Co. offers an 8% rate of return. The stock is currently priced at $50.00 per share, What is the amount of the annual dividend? Select one: O A $4.00 OB. $2.50 OC. $1.00 OD $5.00