Sorenson Corp. is not expected to pay dividends until three years later. The predicted dividend in the following future year-end is: D3 = $3, D4 = $3.6, D5 = $4.32, and the price at the end of year 5 is Po=116.64 The stock's required return is R = 12.00%. What is the stock intrinsic value three years from now (P3) based on the forecasts? Select one: a. $105.19 b. $96.25 c. $101.63 d. $99.64 You invested $1,000 today at 5% interest annually. Which of the following statements is NOT correct? Select one: If you reinvesting the interests, the increase in the annual interest is greater in each subsequent year, If you reinvesting the interest each year, your investment value will increase by $50 each year. If you collect the interest each year without reinvesting it, your annual interest is $50. If you reinvesting the interests, your first year of interest will be $50 and your second year interest is $52.5. If you collect the interest each year without reinvesting it, your total rate of return over 10 years is 50%