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1. TheearningsofOmegaSupplyCompanyhavegrownfrom$2.00pershareto$4.00pershareovera9year timeperiod.Determinethecompoundannualgrowthrate. 2. Determinehowmuchyouwouldbewillingtopayforabondthatpays$6000annualinterestindefinitelyandnevermatures(i.e.,aperpetuity),assumingyourequirean8.5percentrateofreturnonthisinvestment. Please show me the specific steps.

1.TheearningsofOmegaSupplyCompanyhavegrownfrom$2.00pershareto$4.00pershareovera9year timeperiod.Determinethecompoundannualgrowthrate.

2.Determinehowmuchyouwouldbewillingtopayforabondthatpays$6000annualinterestindefinitelyandnevermatures(i.e.,aperpetuity),assumingyourequirean8.5percentrateofreturnonthisinvestment.

Please show me the specific steps.

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