Question: please show work and if variables are used show them! Question 10 (6 points) Ghost Blocks Inc. wishes to acquire a rival company at a

please show work and if variables are used show them! Question 10please show work and if variables are used show them!

Question 10 (6 points) Ghost Blocks Inc. wishes to acquire a rival company at a maximum price of $15 million. The company does not want to take on additional debt and will make the purchase with all cash. If Ghost Blocks has $9 million to invest today and can earn 8.5% interest, how long will it be before the company has enough cash to make the purchase? AJ Question 11 (6 points) Guers plc wants to $40 million in cash to buy a rival company 2 years from today. The going conservative interest rate is 5%. How much does Guers need to deposit today in order to make a bid for the rival company in 2 years

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