1. A company has an EPS of $4.35, a book value per share of $40.02, and a market/book ratio of 2.8x. What is its P/E ratio? The stock price should be rounded to the nearest cent. Round your answer to two decimal places.
2. What's the future value of $1,950 after 5 years if the appropriate interest rate is 6%, compounded monthly?
3. You plan to invest in securities that pay 7.0%, compounded annually. If you invest $5,000 today, how many years will it take for your investment to grow to $9,140.20?