27. York Motors has a total book value of equity of $50 million, and a market to book ratio of 10. What is the total market valu of York Motors' equity? 1) Equation: 2) Answer: 28. Given a profit margin=3%, total asset turnover = 7, equity multiplier=2, calculate return on equity using Du Pont identity. 1) Equation: 2) Answer: 29. Your grandfather spent $8,000 in total to buy some shares of stock in a new company 20 years ago. The stock has appreciated 3 percent per year on average. What is the current value of all these shares together? 1) Equation: 2) Answer: 30. You have just received a prize worth $100,000. You deposited your winnings into an account which pays 6 percent interest compounded annually. How much will you receive from your winnings if you wait 8 years before you withdraw? 1) Equation: 2) Answer: 31. You want to have $500,000 for your daughter's education 10 years from now. If you can earn 3 percent, compounded annually, on your savings, how much do you need to deposit today to reach your goal? 1) Equation 2) Answer: chi ment Grou Delet Junk Con art Fold