1. What is the percentage return if you had bought a 2090 strike price call option at $44.00 and at the expiration of the option the index level was 2156. Assume that there are no transactions costs at expiration to unwind (sell) your positions.  

a) -100%

b) +50%

c) +150%

d) -75%  

2. Assume a firm has sales of $2,750 on assets totaling $1,500, net income of $100, and dividends of $30. What is the sustainable growth rate if the equity has a value of $500?

a. ____20.0%

b. ____ 6.4%

c. ____ 9.1%

d. ____12.7%

e. ____16.3%