1. Find the time required for an investment of 1 dollars to grow to 6700 dollars at an interest rate of 7.5 percent per year, compounded quarterly.
2. Identify and describe those classified as special groups in compensation. Discuss the components of an executive compensation package.
3. You sold short 700 shares of Celedex at $62 per share. Your broker requires 40% margin on the short sale and pays no interest on the funds in your margin account. Celedex pays no dividends. What is your 1-year rate of return if Celedex is selling at $59 a year after you established your short position?