Suppose that you estimate that LOHI Corp. will skip its next three annual dividends, but then resume paying a dividend, with the first dividend paid to be equal to $1.00. If all subsequent dividends will grow at a constant rate of 6 percent per year and the required rate of return on LOHI is 14 percent per year, what should be its price? a. $6.35 b. $8.44 c. $10.37 d. $12.50 Continuing the previous problem, what is LOHI's expected capital gains yield over the next year? a. 10.34% b. 11.85% c. 12.08% d. 14.00%

(50 ) mrs. julien’s and mrs. castillejo’s classes are selling cookie dough for a school fundraiser. customers can buy packages of macadamia nut chip cookie dough and packages of triple chocolate cookie dough. mrs. julien’s class sold 25 packages of macadamia nut chip cookie dough and 30 packages of triple chocolate cookie dough for a total of $221.25. mrs. castillejo’s class sold 5 packages of macadamia nut chip cookie dough and 45 packages of triple chocolate cookie dough for a total of $191.25. (a) write the system of equations that model the problem. be sure to explain which equation represents which situation. (b) find the cost of each type of cookie. show your work. (c) explain which method you used to solve the system and why you chose that method.