please answer question 7-9, 14-15, and 17-18

7) Which of the following is false? i) the goal of a financial manager is to maximize growth ii) the interests of the financial manager and shareholders are always aligned iii) the goal of a financial manager is to achieve maximum profits as well as market share. iv) the valuation principle states that the market demand determines the value of the costs and benefits of an investment decision. A) All of the above B) i, ii C) i, ii, iv D) i, ii, iii 8) Owen expects to receive $20,000 in one year from a trust fund. If a bank loans money at an interest rate of 5.5%, how much money can he borrow from the bank today on the basis of this information? A) $363.636 B) $21,100 C) $18,605 D) $18,957 9) How much will have in 5 years, if you put $1,000 in your saving account? The bank compounds interest (APR= 3%) monthly. A) $862.61 B) $1,159.27 C) $1,161.62 D) $5,891.60 14) How many years will it take an initial investment of $1000 to grow to $2000 if it is invested at 4% compounded annually? A) 7 B) 11 C) 18 D) 25 2000 loud 15) You receive a special offer from your credit card company of 10% (APR), compounded semi-annually. Your bank offers you a personal credit line at 9.5% (APR), compounded quarterly. Which is the better offer? A) the credit card company's offer with an EAR of 10.25% B) the bank's offer with an EAR of 10.25% C) the credit card company's offer with an EAR of 9.8% D) the bank's offer with an EAR of 9.8% 17) Which of the following is TRUE? i) Cash flows and earnings are equal. ii) Receiving $100 lump sum today is better than receiving S10 every year for 12 years. iii) Real income is nominal income adjusted by the inflation rate. A) i B) ii C) iii D) None of the above 18) You are asked to invest S1000 in a friend's business with the promise that the friend will repay $1200 in one year's time. Your alternative investment opportunity in the market pays a 30% return in one year's time and the money market fund offers a rate of return of 8%. What is the opportunity cost of capital in this case? A) 0.08 or 8% B) 0.2 or 20% C) 0.30 or 30% D) 0.38 or 38%