1. A small business owner has been approached by two separate investors who want to purchase his firm. Investor A has offered $15,000.00 per year for the next 6.00 years, while Investor B has offered $11,000.00 per year for 10.00 years. The business owner wants a 9.00% yearly return on his investment. What is the value today of Investor A's offer?
2. The common stock of Margot, Inc. is selling for $84 a share. The par value per share is $1. Currently, the firm has a total market value of $93964.
How many shares of stock will be outstanding if the firm does a 6-for-3 stock split? (Round answer to 0 decimal places, do not round intermediate calculations)