Drew Brees can generate 4 in Eps per year forever. The fair return is 12%. They can retain 50% of earnings and invest in a project that will earn 14%. Find the value of assets in place. Find the value of the growth opportunity. Should Drew buy it? (33.33, 6.67, yes) The spot price is 50. The exercise price on a one year call is 48. The standard deviation of the spot is 25%. The risk free rate is 3%. Find the intrinsic value, time value and premium for this call. (2, 4.52, 6.52) The spot price is 70. The exercise price on a one year call is 72. The risk free rate is 3%. Find the price of the call if there is equal probability that stock price will grow to 75 or fall to 68. (1.71) ,The current price of a bushel of No. 1 Hard Red Winter Wheat is 5. The risk free rate is 2%. Storage costs are 4%. Find the six month futures price. (5.30)