How long will it take money to quadruple (i.e. increase by 300%) in an account earning 8% per year. a) 14.27 years b) 9.01 years c) 18.01 years d) 50 years

You want to invest $5,000 in a mutual fund. Mutual Fund A has an expected return of 6.75%, compounded monthly (r12 = 6.75%). Mutual Fund B has an expected return of 6.70% compounded weekly (r52 = 6.70%).What is the difference in the effective annual rates between the returns of Mutual Fund A and Mutual Fund B? a) 0.4628% b) 0.0500% c) 0.0532% d) 0.0379%

Casio Corp. reported an EBITDA of $765,000 in 2020. Its depreciation and amortization expense for the year was $50,000. They also had long-term debt of $500,000, on which they were paying 5% interest. If the relevant tax rate was 25%, how much was Casio Corps net earnings in 2020? a) $715,000 b) $690,000 c) $517,500 d) $555,000

McKay Enterprises generated a MVA (market value added) of $3,450,000 as at 09/29/2021. Its book value of common equity was $1,200,000 on 09/29/2021. If McKay Enterprises had a total of 900,000 common shares outstanding, what was the market price of one of its common shares on 09/29/2021? a) $3.83 b) $5.17 c) $1.33 d) $2.50