2. Company a has a total asset of 60,000 million. Its total liability is $48,000 million. The price of the stock is $426 per share and the stock has 50 million shares outstanding. What is company A's market-to-book ratio?

3. Your son is currently 8 years old. You anticipate that she will be going to college in 20 years. You would like to have $200,000 in a savings account to funder her education at that time. If the account promises to pay a fixed interest rate of 3.1% per year, how much money do you need to put into the account today to ensure that you will have $200,000 in 10 years?