has grown Question I You own shares representing 25% of Sinclair Company. You paid $500,000 for these shares 5 years ago. The corporation has 3 other shareholders each with 25% equity position in the company. The corporation. 9 over the past 4 years. and your shares are now worth $1000,000. The corporation recently issued bonds in the amount of $4000,000 to fund an acquisition. The acquisition was a disaster and the company unable to meet its interest commitments and is on the verge of bankruptcy. There are no other debts. As a 25% shareholder, what is the maxium potential loss you could have if the company declares bankruptcy? Explain. How could you answer change if the company was a general partnership instead? now Question 2: In 2019, the average annual salary in canada was. $52,600. In 1967, it was $15,776. What is the annual percentage increase increase in salary for this 52-year period? Question 3 At a a rate of 6% compounded annually approximately how long would it take for your money to grow to twelve times its original value? Question 5: Consider an annuity wnsisting of three cash flows of $8000 each. If the interest rate is 6%, what is the present value (today) of the annuity of the first cash flow occurs: a a Today b One year from today c Two years from today d. Five years from today