1. "A fast growing firm paid a dividend of $2.56 per share during the most recent year, The dividend is expected to increase at a rate of 29.0% per year for the next 3 years , Afterwards, a more stable 3.60% annual growth rate should be assumed - If a 15.15% discount rate is appropriate for this stock, what is its value? (Note: Round all calculations to 2 decimal places, i.e. $12.34)"

		$49.91
		$43.51
		$40.54
		$42.00
		$37.75
		$32.53
		$48.37

2. "You want to buy a $51,500 car and the dealer offers you a 7-year loan with an 1.45% APR and no down payment required - Assuming monthly compounding, what will the monthly payments be?"

		$613.10
		$621.99
		$979.39
		$616.25
		$756.70
		$645.11
		"$1,064.38 "

3. "The FIN340 Company has a net profit margin of 9.00% on annual sales of $226,500,000 and the firm has 1,980,000 shares outstanding. If the firm's P/E ratio is 13.20, how much is the stock currently selling for?"

		$124.68
		"$1,645.76 "
		$148.13
		$135.90
		"$1,510.00 "
		"$1,645.90 "
		$114.39

4. "Financial analysts forecast the FIN340 Company annual, sustainable growth for the future to be 7.10% per year and their most recent annual dividend paid was $3.85 - What is the value of FIN340 Company stock if the required rate of return is 14.90%?"

		$52.86
		$49.36
		$56.71
		$46.09
		$62.30
		$56.62
		$60.74