c . Compute the future value of $ 1,000 compounded annually for 15 years at 8 percent . ( Do not round intermediate calculations and round your answer to 2 decimal places , e . g ., 32.16 .)
13 . ( Set 2 ) 10.00 points
For each of the following , compute the present value ( Do not round intermediate calculations and round your answers to 2 decimal places , e . g ., 32.16 .):
Present Value Years
Interest Rate Future value
Wilkinson Co . has identified an investment project with the following cash flows :
If the discount rate is 9 percent , what is the present value of these cash flows ? ( Do not round intermediate calculations and round your answer to 2 decimal places , e . g ., 32.16 .) If the discount rate is 16 percent , what is the present value of these cash flows ? ( Do not round intermediate calculations and round your answer to 2 decimal places , e . g ., 32.16 .)
If the discount rate is 25 percent , what is the present value of these cash flows ? ( Do not round intermediate calculations and round your answer to 2 decimal places , e . g ., 32.16 .)
15 . You own 300 shares of Western Feed Mills stock valued at $ 36.72 per share . What is the dividend yield if your annual dividend income is $ 322 ?
15 . Four months ago , you purchased 1,200 shares of Lakeside Bank stock for $ 21.20 a share . You have received dividend payments equal to $. 55 a share . Today , you sold all of your shares for $ 22.20 a share . What is your total dollar return on this investment ?
Question 16 ( Another Set )
Suppose a stock had an initial price of $ 54 per share , paid a dividend of $ 1.30 per share during the year , and had an ending share price of $ 64 .