A firm has 3357 shares of stock outstanding, sales of $5000, net income of $625, a price-earnings ratio of 13, and a book value per share of $0.6. What is the market-to-book ratio?
Siri plans to retire in 5 years with 443,500 dollars in her account, which has an annual return of 16.09 percent. If she receives annual payments of X, with her first payment of X received in 5 years and her last payment of X received in 9 years, then what is X, the amount of each payment?