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please show work and if variables are used show them! Question 10 (6 points) Ghost Blocks Inc. wishes to acquire a rival company at a

image text in transcribedplease show work and if variables are used show them!

Question 10 (6 points) Ghost Blocks Inc. wishes to acquire a rival company at a maximum price of $15 million. The company does not want to take on additional debt and will make the purchase with all cash. If Ghost Blocks has $9 million to invest today and can earn 8.5% interest, how long will it be before the company has enough cash to make the purchase? AJ Question 11 (6 points) Guers plc wants to $40 million in cash to buy a rival company 2 years from today. The going conservative interest rate is 5%. How much does Guers need to deposit today in order to make a bid for the rival company in 2 years

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