1. If you invest $4,000 at 12% per year, how many years until you have $25,000?
11.87 years
16.17 years
22.36 years
33.12 years
2. A firm with earnings per share of $5 and a price-earnings ratio of 15 will have a stock price of:
$3.00
$5.00
$20.00
$75.00