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.