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.................(PLEASE SHOW ALL YOUR CALCULATIONS!).................... 8. A company's current ratio is 2.4; current assets are $720.000 and inventory is $360.000. Its quick ratio will

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.................(PLEASE SHOW ALL YOUR CALCULATIONS!).................... 8. A company's current ratio is 2.4; current assets are $720.000 and inventory is $360.000. Its quick ratio will be:. a) 1,2 b) 1,5 c) 1,8 ..(10p) d) 2,1 e) 2,4 9. A share of common stock has just paid a dividend of $9. If the expected long-run growth rate for this stock is 8 %, and if investors require a 20% rate of return, what is the price of the stock? (10p) a. $57.50 b. $62.25 c. $67.70 d. $75.00 e. $78.92

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