Here's an excerpt from an interview between Magellan fund co-founder Hamish Douglass and AFR reporter Vesna Poljak, which appeared in the Australian Financial Review article 'It's all about interest rates: Hamish Douglass', 19 July 2019: Take a business growing at 4 per cent a year, with a cost of equity of 10 per cent based off a 5 per cent risk-free rate and a 5 per cent market risk premium: you would value that at around 16.6 times free cashflow. Now take a business growing at the same rate, with a 4 per cent risk free rate. At a 9 per cent cost of equity that would command a 20 times multiple, he says. At a 3 per cent risk-free rate, the cost of equity is 8 per cent, and the multiple is 25. Finally at 2 per cent - 'which is where the world is at the moment' - the same business would be worth around 33 times free cashflow. The 'multiples' that Hamish Douglass refers to could also be called: Select one: O a. Annuity factors (=1/r*(1-1/(1+r)^T) ). O b. Perpetuity factors (=1/(r-g)). O c. Single cash flow present value factors (= 1/(1+r)^T ) . O d. Single cash flow future value factors (= (1 +r) " T ) .Examine the below limit order book (LOB) of Bega Cheese: Bega Cheese Limit Order Book Buyers Volume Bid Offer Volume Sellers 23 11,414 3.24 3.25 4,900 4 16 17,883 3.23 3.26 17,551 19 12 36,988 3.22 3.27 18,255 17 10 98,376 3.21 3.28 27,787 19 18 44,303 3.20 3.29 7,070 9 How much money could you sell 20,000 stock for using a market order? Ignore the brokerage fee and dark pool transactions. Select one: 0 a. $64,714.14 0 b. $64,600 6) c. $64,914.14 0 (:1. $65,000 O e. $65,151