9. A firm's external financing need A. is financed by net income B. will limit growth if unfunded C. is financed by debt or equity D. B and C 10. The Meat Market has $747,000 in sales. The profit margin is 4.1 percent and the firm has 7,500 shares of stock outstanding. The market price per share is $22. What is the price -earnings ratio? A. 5.39 B. 8.98 C. 11.42 D. 13.15 11. BC Koppelman Business School alumni would like to start a fund that will pay annual scholarship of $15,000 forever starting one year from now. How much should he deposit into this fund today if the fund can earn 6% annually? A $14,150.94 B. $15,900 C$250,000 D. Infinite amount that never exhausts 12. Eric is considering an investment that will pay $5,000 a year for seven years, starting one year from today. How much should he pay for this investment if he wishes to earn a 13 percent rate of return? A. $22,113.05 B. $19,200.00 C. $18,909.31 D. $17,787.36 You just turned 21 years old and want to retire when you turn 65. You expect to live for 25 years after retirement and want to withdraw $8,000 per month in retirement, starting one month after your 65th birthday. You expect to earn a return of 0.7% on your investments every month. 1) How much retirement money do you need to have 2) How much should you save each month if you make the first deposit one month from now a 65th birthday? 13. by 65th birthday to support the withdrawal? nd the last one on A. need $709,583.12 B. need $889,523.69 13-1 C need $1,001,879.33 D. need $1,016,140.24 A. $180.89 per month B. $237.27 per month C. $380.1. per month 13-2 D. $400.00 per month The company will lend $9 today in exchange for a payment of $11 three vears from today. What is the loan rate o this deal? A. 22.2 percent B. 10.6 percent C. 6.9 percent D. 7.4 percent 15. A new financial services company just opened in your town. To attract customers, it is offering a "9-11" loan specia