Question: Question 22 (4 points) How many years will it take for your money to tripple if you deposit $200 in a bank account that pays




Question 22 (4 points) How many years will it take for your money to tripple if you deposit $200 in a bank account that pays 11% a year, compounded semi-annually? Question 23 (4 points) Company DreamBig last fiscal year's financial results are as follows: Sales: 119.66 million; operating income (EBIT): 19.78 million; net income: 3.47 million; short-term debt: 11.02 million; long-term debt: 58.44 million; equity: 66.13 million; common shares outstanding: 93.26 million. The company's stock is currently trading at $13.04 per share. What's the company's return on equity? Note: use percentage to express the margin, i.e. if your answer is 15.05%, input 15.05. Question 24 (4 points) Company DreamBig last fiscal year's financial results are as follows: Sales: 111.65 million; operating income (EBIT): 17.13 million; net income: 3.74 million; short-term debt: 15.43 million; long-term debt: 50.71 million; equity: 64.36 million; common shares outstanding: 91.59 million. The company's stock is currently trading at $13.77 per share. What's the company's earnings per share? Note: EPS should be in dollars, i.e. 0.04 (leave out the $ sign to the unit box). Question 25 (4 points) If you deposit $980 every year for the next 9 years, with first deposit to be made today and all deposits to be made at the beginning of every year, in an account that pays 3.92% APR with annual compounding, how much is this account worth in today's dollars? Question 26 (4 points) ABC Motors' bonds have 15 years remaining to maturity. Interest is paid semi- annually, they have a $1,000 par value, the coupon interest rate is 5%, and the yield to maturity is 14%. What's the bond current $price
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