Question 13 (10 points)

Question 13 options:

Go to Problem 13-9 on page 488 to answer the next two questions. Answer question a. in the next blank. GIVE YOUR ANSWER WITH DECIMAL PLACES. DO NOT USE A DOLLAR SIGN.

For part b., ASSUME THAT SHARES ARE BOUGHT BACK AT $20/share. Answer part b., ROUND YOUR ANSWER TO THE NEAREST WHOLE DOLLAR. DO NOT USE ANY DECIMAL PLACES.