Help me choose the correct answer...?

4. A financial advisor tells you that you can make your child a millionaire if you just start saving early. You decide to put an equal amount each year into an investment account that earns 7.5% interest per year, starting on the day your child is born. How much would you need to invest each year (rounded to the nearest dollar) to accumulate a million for your child by the time he is 35 years old? (Your last deposit will be made on his 34th birthday.) (Points : 1) $6,525 $7,910 $12,500 $20,347 5. How much money must you pay into an account at the end of each of 20 years in order to have $100,000 at the end of the 20th year? Assume that the account pays 6% per year, and round to the nearest $1. (Points : 1) $1,840 $2,028 $2,195 $2,718 6. Bell Corp. has a preferred stock that pays a dividend of $2.40. If you are willing to purchase the stock at $11, what is your required rate of return (round your answer to the nearest .1% and assume that there are no transaction costs)? (Points : 1) 21.8% 11.0% 9.1% 20.1% 7.Kilsheimer Company just paid a dividend of $5 per share. Future dividends are expected to grow at a constant rate of 7% per year. What is the value of the stock if the required return is 16%? (Points : 1) $33.44 $55.56 $59.44 $65.87
    • Posted: 7 years ago
    the options are given against each question

    Purchase the answer to view it

    blurred-text
      Save time and money!
      Our teachers already did such homework, use it as a reference!