Please answer in the blank

Problem 5-4 Henderson Industries Inc.'s stock is currently selling at $22.80 per share. Sharon Jacobs, the CEO, has options to buy 270,000 shares at $26.00 per share that expire at the end of this year. Sharon feels that if the traditional accounting method is used, implementing the deferred payment sales program will push the stock's price about half way toward the level it was at two years ago which was about $48.00. If Sharon Jacobs is also a founder of the company and has retained 8 million shares of its stock, how much of a difference will the auditors' decision make in her personal wealth outside of the stock option? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answer to one decimal place. $ :1 million Problem 5-5 Nu-Mode Fashions Inc. manufactures quality women's wear and needs to borrow money to get through a brief cash shortage. Unfortunately, sales are down, and lenders consider the firm risky. The CFO has asked you to estimate the interest rate Nu-Mode should expect to pay on a one-year loan. She's told you to assume a 3.3% default risk premium, even though the loan is relatively short, and to assume the liquidity and maturity risk premiums are each 1/2%. Inflation is expected to be 4.1% over the next 12 months. Economists believe the pure interest rate is currently about 31/2%. Round your answer to one decimal place