Question: 4'7. (2 points) How long does it take $1,000 to quadruple in value if you have an 11% annual return? Assume annual compounding, and express

4'7. (2 points) How long does it take $1,000
4'7. (2 points) How long does it take $1,000 to quadruple in value if you have an 11% annual return? Assume annual compounding, and express your answer in years (to two decimals}. 48. [4 points) Assume the following spot and forward rates for the euro ($feuro). Spun! rate 51.62"\" 30-day thnward rm: 1 .6330 90-day funmrd mic 1.6353 IEO-clay forward rate 1.6387 A) What is The dollar value of one euro in the spot market? B) Suppose you issued a 120day forward connect to exchange 200,000 euros into Canadian dollars. How many dollars are involved? C) How many euros can you get for one dollar in the spot market? D) What is the 120-day forward premium? 49. (2 points) The Mad-lardee Plumbing Company has common stock outstanding. The stock paid a dividend of $2.00 per share last year, but the company expects that earnings and dividends will grow by 25% for the next two years before dropping to a constant 9% growth rate afterward. The required rate of return on similar common stocks is 13%. What is the pershare value of the company's common stock

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