1. Describe the primary advantage and disadvantage of a market sell order.

2. Research shows that technical analysts have a very difficult time beating the market. Suggest 2 reasons why this is the case.

3. Compute the future value of $2000 compounded forward for 7 years at a rate of 16 percent compounded annually, and then at 16 percent compounded quarterly

4. You have been asked to estimate the value of a company with a cost of equity of 9%. Your analysis forecasts dividend growth rates in excess of 15% or more over the next several years. Why can’t you use the constant growth model? What model can you use?