just need answers for Q9&10

09. Consider again the option information provided above. If the Snyder's-LANCE stock itself had been purchased on February 9, 2006, at its fair market value on the grant date, what annualized holding period return would you have earned based on the February 9, 2014 price? Assume the stock has been owned for eight years. A. 3.199 % B. 3.665 % C. 4.288 % D. 5.168 % E. 7.676 % Q10. Assume that a firm's 2003 sales = $3000 and sales are expected to increase by 10% in 2004. If the Depreciation/PPE ratio is expected to be 10% and the PPE/Sales ratio will be 33.33% what is the depreciation forecast for 2004 (round to nearest dollar)? A. $ 89 B. $100 C. $110 D. $133 E. $330 Directions: YOU MUST SHOW ALL CALCULATIONS TO RECEIVE FULL CREDIT! Q8. Assume that today is February 9, 2014 and that the closing price for Snyder's-LANCE Inc.'s common stock equals $25.28. If Mr. Singer exercises all of his options with an exercise price of $19.645 at this current stock price, what would the exercised value of the options be? Name Snyder -LANCE Inc. OPTION GRANTS # Shares Exercise Fair Market Expiratio Grant Underlying Options Price Per Value on Date Granted Share Grant Date 300,000 $19.645 $19.65 2/9/06 2/8/2016 100,000 $19.70 $19.70 39:07 3/8/2017 Date Mr Singe T A. S 558,000 B. S 563,500 C. $ 1,674,000 D. $ 1,690,500 E. $ 1,708,500 09. Consider again the option information provided above. If the Snyder's-LANCE stock itself had been purchased on February 9, 2006, at its fair market value on the grant date, what annualized holding period return would you have earned based on the February 9, 2014 price? Assume the stock has been owned for eight years. A. 3.199 % B.3.665 % C. 4.288 % D. 5.168 % E. 7.676 % Q10. Assume that a firm's 2003 sales = $3000 and sales are expected to increase by 10% in 2004. If the Depreciation/PPE ratio is expected to be 10% and the PPE/Sales ratio will be 33.33% what is the depreciation forecast for 2004 (round to nearest dollar)? A. S 89 B. $100 C. S110 D. S133 E. $330