1. Given an annual opportunity cost of 10%, what is the future value of a $1,000 ordinary annuity for 10 years?
2. YGTB, Inc., currently has an EPS of $2.40 and an earnings growth rate of 6 percent. If the benchmark PE ratio is 29, what is the target share price five years from now?
3. What strategy was Avon pursing until the mid-2000? What were the disadvantages of this strategy? What were the advantages?