To save for a new car, Samuel Smith will invest $14,000 at the end of each year for the next 5 years. The interest rate is 8%. What is the future value? Multiple Choice O $70.000 $13,980 $82138 563084 An issue of preferred stock is paying an annual dividend of $3.50. The growth rate for the firm's common stock is 8%. What is the preferred stock price if the required rate of return is 8%7 (Round your answer to 2 decimal places.) Multiple Choice $48.75 O $0625 $4125 $43.75 The coupon rate on an issue of debt is 9%. The yield to maturity on this issue is 12%. The corporate tax rate is 30%. What would be the approximate after- tax cost of debt for a new issue of bonds? (Round your answer to 2 decimal places.) 50 Multiple Choice 705% 10.55% 9.40% 9.85%