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1. You invest $210 in a mutual fund today that pays 7.3 percent interest annually. How long will it take to double your money? (If you solve this problem with algebra round intermediate calculations to 6 decimal places, in all cases round your final answer to 0 decimal place, e.g. 545)

2. How do bond ratings and interest rate spreads on bonds differ? Which measure is considered by many investors to be a more comprehensive measure of risk? Why?

3. What are three types of risks a company may face when it chooses to use an international strategy?

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