You have finally saved $10,000 and are ready to make your first investment. You havo the three following allematives for investing that money? - AMicrosoft bond with a par value of $1,000 that pays 9.00 percent on its par value in interest, sells for $1,251,41, and matures in 17 years. - Southwest Bancorp preferred stock paying a dividend of $2.74 and selling foc $27.78. - Emerson Electric common stock selling for $63.17, with a par value of $5. The stock rocently paid a $1.78 dividend, and the firm's earnings per share has increased from $2.38 to $3.79 in the past 5 years. The firm expects to grow at the same rate for the foresecable future. Your required rates of retum for these investments are 7.00 percent for the bond, 10.50 percent for the pruferred stock. and 12.00 percent for the common stock. Using this information, answer the following questions. a. Calculate the value of each investment based on your required rate of return. h. Which latnoeiment winith wait enlarto whin a. If your required rate of retum on the bonds is 7,00%, what is the value of Microsolt bond? (Round to the nearest cent.) If your required rate of retum on the preferred stock is 10:50\%, what is the value of Southwest Bancomp preferred stock? (Round to the nearest cent.)