1. What annual rate of return is earned on a $4,000 investment made in year 4 when it grows to $8,000 by the end of year 8?
2. For the next 4 years, you decide to place $3,045 in equal year-end deposits into a savings account earning 9.30 percent per year. How much money will be in the account at the end of that period?
3. Black Dahlia Corp.'s stock price at the end of last year was $36.75. Black Dahlia Corp.'s total common equity is $105.47 million. The company has 9.42 million shares outstanding. What is the firm's market-to-book ratio? Round the answer to two decimal places.