Pearl Corp. is expected to have an EBIT of $3,500,000 next year. Depreciation, the increase in net working capital, and capital spending are expected to be $160,000, $160,000, and $200,000, respectively. All are expected to grow at 19 percent per year for four years. The company currently has $18,000,000 in debt and 1,600,000 shares outstanding. At Year 5, you believe that the company's sales will be $28,780,000 and the appropriate price-sales ratio is 2.7. The company’s WACC is 9.2 percent and the tax rate is 22 percent. What is the price per share of the company's stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Juwana was turned down for a car loan by a local credit union she thought her credit was good what should her first step be

Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2

Which of the following best explains why the demand for housing is more flexible than the supply? a. new housing developments are being constructed all the time. b. low interest rates for mortgages make buying a home very affordable. c. the increasing population always drives demand upwards. d. people can move more easily than producers can build new homes.