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Use the following data for the next 3 questions The following are the company sales from 2000-2015 Year Xylophone 2000 $230 2001 $573 2002 $994

Use the following data for the next 3 questions The following are the company sales from 2000-2015 Year Xylophone 2000 $230 2001 $573 2002 $994 2003 $1,683 2004 $3,192 2005 $6,140 2006 $8,892 2007 $13,586 2008 $18,376 2009 $29,476 2010 $33,598 2011 $44,208 2012 $58,473 2013 $96,368 2014 $149,306 2015 $204,397 11. Fit an exponential trend curve to the data- show the equation 12. Calculate the projected sales in 2016 13. What is the CAGR over the 2000-2015 period? ____________________________________________________________- Use the following data for the next 3 problems Roxies Surf Shop is expanding their product line, adding a high end surf board to their existing basic product. Their fixed costs for the equipment needed for the new boards is $5300 per month. The new board will cost $287 per board and they can be sold for $425. 14. How many new boards per month will they need to sell to breakeven quantity per month? 15. If the fixed costs are reduced to $4800 per month what is the new breakeven quantity? 16. If the fixed costs stay at $4800 and they want to have at least $1000 per month in profit how many boards should they sell? 17. If a new company is expected to growth exponentially and pay dividends of $2, $3, and $4.5, for the first 3 years, respectively. After that time the growth is expected to be at 4% thereafter. The required rate of return is 8%. Find the value of the stock.

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