What is the value of inheritance today

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1. Your great-aunt left you an inheritance in the form of a trust. The trust agreement states that you are to receive $2,500 on the first day of each year, starting immediately and continuing for fifty years. What is the value of this inheritance today if the applicable discount rate is 6.35 percent?

2. PRICE/EARNINGS RATIO

A company has an EPS of $3.15, a book value per share of $29.61, and a market/book ratio of 3.4x. What is its P/E ratio? The stock price should be rounded to the nearest cent. Round your answer to two decimal places.

Reference no: EM131981916

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