1. If the dividend yield for year one is expected to be 8% based on the current price of $25, what will the year four dividend be if dividends grow at a constant 6%.
2. If you want to save $5000 in a mutual fund by the end of 10 years and the mutual fund pay 5% interest compounded quarterly, how much money should you invest today? What numbers corrilate with FV, N, I/YR, PV, PMT and FV on a financial calulator
3. What is the present value of receiving $140.00 at the end of each month forever? Assume the interest rate is 9.00%, compounded monthly.