11.

You are the manager of a supplement store which specialises in selling organic protein powder. You sell 8,000 tubs per year. The total cost of placing an order is $130 and it costs $20 to hold a tub of protein for a year.

What is the economic order quantity and the number of orders per year required?

Select one:

a. Approximately 50 tubs per order, 160 order per year

b. Approximately 8000 tubs per order, 1 order per year

c. Approximately 82 tubs per order, 548 orders per year

d. Approximately 100 tubs per order, 80 orders per year

e. Approximately 322 tubs per order, 25 orders per year

12.

Cortex had a beta of 1.2 at a time when the risk free rate was 5% and the market was returning 7%. What was the expected return of Cortex?

Select one:

a. 7.4%

b. 7.6%

c. 2.4%

d. 7.0%

13.

What is the present value of $5,000 received every year forever? The interest rate is 7 percent p.a. and the first payment is received in five years.

Select one:

a. $50,927.58

b. $71,428.57

c. $54,492.52

d. $7,012.76