1. Market Value Ratios Val's Volleyball Supply's market-to-book ratio is currently 3.27 times and PE ratio is 5.47 times. If Val's Volleyball Supply's common stock is currently selling at $9.60 per share, what is the book value per share and earnings per share? (Round your answer to 2 decimal places.)
$1.75, $2.94, respectively
$31.39, $52.51, respectively
$52.51, $31.39, respectively
$2.94, $1.75, respectively
2. Discounting Five Years What is the present value of $690 in five years when the discount rate is 5 percent?
$690.00
$540.63
$724.50
$655.50