1. Wage Garnishers, Inc. has sales for the year of $50,300 and cost of goods sold of $23,700. The firm carries an average inventory of $4,800 and has an average accounts payable balance of $4,400. What is the inventory period 12.39 days 18.68 days 31.29 days 73.92 days
2. GW Inc's 5-year bonds yield 7.50% and 5-year T-bonds yield 4.50%. The Real risk-free rate is r*=2.5%, the default risk premium for GW Inc's bond is DRP=0.40%, and the Inflation Premium (IP) is 1.5%. What is the Maturity Risk Premium (MRP) on a 5-year bonds. Please post the full process.