1. What is the accumulated sum of the following stream of payments? $669 every year at the end of the year for 9 years at 5.81 percent, compounded annually
2. A stock's next expected dividend is $0.50. Dividends are expected to grow at a rate of 3% indefinitely. The required return is 10%. Compute its intrinsic value.
3. You have just received a prize worth $ 10,000. You deposited your winings into an account which pays 6% annual interest compounded monthly . How much long will you have to wait to double your winings ?__
A) 11.6
B) 12.3
C) 14.6
D) 15.3