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14) A high quality of earnings is indicated by: "A) A history of increasing earnings and conservative accounting methods. B) Declaration of both cash and stock dividends. C) Use of the FIFO method of inventory during sustained inflation. D) None of the above 15) A scholarship fund has $92,000 to invest now to provide scholarships to college students. They want to have at least $220,000 in 9 years. What rate of interest must they invest this money at to reach their goal? Use Table PV-1. EXHIBIT B-7 Table PV-1 Present Value of $1 Present Values of $1 Due in n Periods Discount Rate Number of Periods (o) 10% 20% 870 756 712 579 192 572 482 567 497 402 507 432 513 540 467 404 233 645 .424 361 194 463 386 327 247 162 312 1215 -149 104 026 150 -102 075 013 694 032 1017 007 001 A) 7% B) 8% *C) 10% D) 11%