Assume the firm invests $80,000 today at the annual rate of 10.5% and would like to have it grow to $250,000. Assuming the interest rate will compound semiannually, how many years will the investment take to grow to $250,000? a. 22.27 years b. 11.13 years c. 11.41 years d. 5.70 years A bond is quoted 106.5326 "ask," and 102.2357 "bid." What is the bid-ask spread in this bond if the bond's face value is $3,500? a. $15,039.15 b. $150.39 c. $228.64 d. $228,641.35