You just purchased shares of 3M stock for $110 per share and you expect to receive dividends of $3.50 per year for the next three years and then be able to sell the stock for $150. What rate of return are you expecting to earn? 13.78% 13.08% 12.39% 11.73% You turned 30 today and want to retire on your 65th birthday. You expect to live 25 years after you retire. If you want to have $12,000 per month to spend (end of month payments) during your retirement, how much do you need to invest each month until you retire? Assume you can earn 11% on your investments. Enter your answer as a positive number, without a dollar sign