What is the return of a stock with a price of $40, a dividend of $2 and a growth rate of 5% ? \begin{tabular}{|l|} \hline 13.5% \\ 10.5% \\ \hline 9.78% \\ \hline 11% \\ \hline \end{tabular} Question 25 You traded in your older model car for an electric car that saves you $3,500 a year in gas, maintenance and insurance. After adjusting for the value of the trade-in, your out-of-pocket cost is only $15,000. With discount rate of 3% what is the net benefit of the trade-in over 10 years (assuming that the value of both cars will be down to zero in 10 years so no salvage value to consider)