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Jacob's friend, Albert, borrows today with a promise to repay $39.111 in 11 years. If Jacob could earn 9 percent annually on the any investment

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Jacob's friend, Albert, borrows today with a promise to repay $39.111 in 11 years. If Jacob could earn 9 percent annually on the any investment he makes today, how much would he be willing to lend Albert today? Hint: How much can Jacob lend Albert today (PV?) so that he can achieve his expected 9% return (I/Y) when Albert pays back the $39,111 (FV) 11 years from now (N) ? Round to nearest two decimals if needed. Do not type the $ symbol. Bathez Corp. has receivables of $61,326, inventory of $547,714, cash of $29,520, and accounts payables of $524,334. What is the firm's current ratio? Round your final answer to two decimal places. Do not type the % symbol

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