Q8. Assume that today is February 9, 2014 and that the closing price for Snyder's-LANCE Inc.'s common stock equals $25.28. If Mr. Singer exercises all of his options with an exercise price of $19.645 at this current stock price, what would the exercised value of the options be? Snyder -LANCE Inc. OPTION GRANTS # Shares Underlying Exercise Fair Market Grant Price Per Value on Options Date Granted Share Grant Date Name Expiratio Date Mr. Singe 300.000 $19.645 $19.70 $19.65 $19.70 2/9/06 2/8/2016 3/907 3/8/2017 100,000 A.S 558,000 B.S 563,500 C. $ 1,674,000 D. $ 1,690,500 E. $ 1,708,500 09. Consider again the option information provided above. If the Snyder's-LANCE stock itself had been purchased on February 9, 2006, at its fair market value on the grant date, what annualized holding period return would you have earned based on the February 9, 2014 price? Assume the stock has been owned for eight years. A. 3.199 % B. 3.665 % C. 4.288 % D. 5.168 % E. 7.676% Q10. Assume that a firm's 2003 sales = $3000 and sales are expected to increase by 10% in 2004. If the Depreciation/PPE ratio is expected to be 10% and the PPE/Sales ratio will be 33.33% what is the depreciation forecast for 2004 (round to nearest dollar)? A. S 89 B. $100 C. $110 D. S133 E. S330 Directions: YOU MUST SHOW ALL CALCULATIONS TO RECEIVE FULL CREDIT