1. On 11/1/2019 you will start depositing $1250 each month in an account that pays 8% rate of interest. you will make a total number of 176 deposits. the present value of the annuity on 4/1/2019 is?
A) $220,000
B) $142,201
C) $124,221
D) $221,250
E) $129,274
2. A stock pays no dividends for 5 years, then pays a $1.25 dividend. After that, the dividends grow at a constant rate of 3.5% forever. The required return is 10%. The dividend yield in 8 years is equal to:
a) 3.5
b) 0
c) 10
d) 6.5