You have just retired with savings of 56 million. If you expect to live for 5 years and to earn 13 a year on your saving how much can you afford to spend each year on 5 dollars Assume that you spend the money at the start of each year) You are considering buying a stock that will pay a dividend of 523 next year. The dividend is expected to grow at 5.6 per year forever. The interest rates 10.64 What is the price of this stock today in 5 dollars)