11. Suppose the U.S. Treasury offers to sell you a bond for $3,000. No payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $5,000. What interest rate would you earn if you bought this bond at the offer price? A. 3.82% B. 4.25% C. 4.72% D. 5.24% 12 Last year Ellis Inc's earnings per share were $3.50, and its growth rate during the prior 5 years was 9.0% per year. If that growth rate were maintained, how many years would it take for Ellis' EPS to triple? A. 9.29 B. 10.33 C. 11.47 D. 12.75 13. An investment pays $300 annually for five years with the first payment accruing today. The present value of the investment discount at 4% annual rate is closet to: A. 929 B. 1033 C. 1147 D. 1389