Problem 8-09 You are valuing a bank. The bank currently has assets of $340 per share. Five years from now (that is, at the end of five years), you expect their assets per share to be $490. After Year 5, you expect their assets per share to grow at 3.25 percent per year forever. The bank has an ROA of 1.8 percent and an ROE of 11.0 percent. The bank's cost of equity is 10.0 percent. What is the value of the bank's stock? Use the free cash flow to equity model to value this stock. Do not round intermediate calculations. Round your answer to the nearest cent. $

question 20

A company needs $350,000 to pay a debt four years from now. The company can place cash in a 5% compounding interest-bearing account. How much money should the company invest today in order to meet the goal? Round to the nearest whole dollar.

7. Calculateannuity cash flows Your goal is to have $10,000 in your bank account by the end of twelve years. If the interest rate remains constant at 9% and you want to make annual identical deposits, what amount will you have to deposit into your account at the end of each year to reach your goal? $496.51   $397.21   $446.86   $595.81     If your deposits were made at the beginning of each year rather than an at the end, what is the amount your deposit would change by if you still wanted to reach your financial goal by the end of twelve years? $34.85   $30.75   $55.35   $41.00