Getting a college degree is a good idea because
a a college graduate faces a weak job market today
b the cost of a college education has soared in recent years
c loans for tuition and other college expenses have to be paid back
d over a lifetime, a college graduate can usually earn more money

The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?