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1. What is the primary goal of financial management? Five years ago, Weed Go Inc. earned $1.50 per share. Its earnings this year were $3.20.

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1. What is the primary goal of financial management? Five years ago, Weed Go Inc. earned $1.50 per share. Its earnings this year were $3.20. What was the growth rate in earnings per share (EPS) over the 5-year period? 2. 3. Suppose you just won the state lottery, and you have a choice between receiving $2,550,000 today or a 20-year annuity of $250,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes 4. Compute the future value of $2000 compounded forward for 7 years at a rate of 16 percent compounded annually, and then at 16 percent compounded quarterly 5, what is the present value of the following cash flow stream at a rate of 6.25%? Years: 0 CFs: S0 $75 $ 225 S0 $300

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