You have finally saved $10,000 and are ready to make your first investment. You have the three following alternatives for investing that money: A Microsoft bond with a par value of $1,000 that pays 8.00 percent on its par value in interest, sells for $1,271.72, and matures in 7 years. Southwest Bancorp preferred stock paying a dividend of $2.74 and selling for $25.62. Emerson Electric common stock selling for $57.56, with a par value of $5. The stock recently paid a $1.69 dividend, and the firm's earnings per share has increased from $2.21 to $3.88 in the past 5 years. The firm expects to grow at the same rate for the foreseeable future. Your required rates of return for these investments are 1.50 percent for the bond, 11.50 percent for the preferred stock, and 14.00 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 investment would you colert? Why? a. If your required rate of return on the bonds is 1.50%, what is the value of Microsoft bond? $ (Round to the nearest cent.) If your required rate of return on the preferred stock is 11.50%, what is the value of Southwest Bancorp preferred stock? $ (Round to the nearest cent.) Emerson Electric's earnings per share has increased from $2.21 to $3.88 in the past five years. What is the annual compounding growth rate? % (Round to two decimal places.) If your required rate of return on the common stock is 14.00%, what is the value of Emerson Electric common stock? Enter your answer in each of the answer boxes. JAN 10