Reference no: EM131446831
You will begin saving for retirement in a 401k account earning 9.93% with annual contributions of $8,500 for 35yrs. At that time, if you leave the money in the account and hope to live off of the annual payments for an additional 25yrs, what is the payment you should expect to receive in retirement? Please show all work.
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How much money do you receive from the buyer
: You would like to sell 500 shares of Pfizer, Inc.(PFE). The current bid and ask quotes are $27.26 and $27.29, respectively. You place a limit sell-order at $27.28. If the trade executes, how much money do you receive from the buyer?
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Ethics codes apply to project selection-capital budgeting
: How do ethics codes apply to project selection and capital budgeting? What are the potential risks to a company of unethical behaviors by employees? What are potential risks to the public and to stakeholders?
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Supply the majority of the firm capital
: The optimal dividend policy is the one that satisfies the bondholders because they supply the majority of the firm’s capital. The use of debt financing affect the probability of bankruptcy, but it has no effect on the firm’s earnings or stock price. ..
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What is the expected profit for listing
: A real estate agent is trying to sell a house. It will cost her $1000 to list the house. If she sells it herself, she will earn 6% of the selling price. If someone else sells it off of her listing, she will earn 3% of the selling price. If it remains..
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Begin saving for retirement
: You will begin saving for retirement in a 401k account earning 9.93% with annual contributions of $8,500 for 35yrs. At that time, if you leave the money in the account and hope to live off of the annual payments for an additional 25yrs, what is the p..
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What is the cash flow to creditors for the year
: At the beginning of the year, a firm had total assets of $360,000, current liabilities of $28,700, and total equity of $229,000. At the end of the year, the total assets were $411,000, current liabilities were $31,600, and total equity was $246,000. ..
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Is there an arbitrage
: Consider an economy with two dates (t=0,1) and at t=1 there are three states. The following three stocks are traded: x1=(10,0,30) x2=(0,20,40) x3=(20,20,0) The t=0 prices of these stocks are given as follows (p1, p2, p3)=(12, 14, 8) Is there an arbit..
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How does the law of unilateral and mutual mistake apply
: You are an avid collector and painter of watercolors. You enjoy visiting all of the local and regional art galleries and, routinely, you purchase works of copies of the masters. One evening, at a local gallery, you make an offer to purchase what you ..
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Balance sheet showed total common equity
: Marcus Nurseries Inc's 2005 balance sheet showed total common equity of $2, 050,000, which included $1, 750,000 of retained earnings. The company had 100,000 shares of stock outstanding which sold at a price of $57.25 per share. If the firm had net i..
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