Kenny is considering creating revocable grantor trust

Assignment Help Financial Management

Reference no: EM131923768

1. Kenny is considering creating a revocable grantor trust. Which of the following is not a feature of a revocable grantor trust?

A) Creation is intervivos.

B) Results in the assets being excluded from probate.

C) Results in the exclusion of assets in the gross estate.

D) Survives incapacity and death of the grantor.

2. Find the duration of a 8% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 7.8%. What is the duration if the yield to maturity is 11.8%? (Do not round intermediate calculations. Round your answers to 4 decimal places.)

YTM Duration

7.8% YTM ?

11.8% YTM ?

Reference no: EM131923768

Questions Cloud

What is the value of excess servicing : what is the value of the excess servicing?

What is the value of the excess servicing : find a. The weighted average life for the pool, Tranche A and Tranche B b. Using a B rate =5%, what is the value of the excess servicing?

How much net cash will famous danish receive from the sale : Assume that Famous Danish is in the 34% income tax bracket. How much net cash will Famous Danish receive from the sale?

Maximum amount you would be willing to pay for renovation : What is the maximum amount you would be willing to pay for renovation that would be expected to increase the useful life of the property by 20 years

Kenny is considering creating revocable grantor trust : Kenny is considering creating a revocable grantor trust. Which of the following is not a feature of a revocable grantor trust?

The firm total monthly profits on present value : What will be the change in the firm's total monthly profits on a present value basis under these conditions?

What day do the remaining credit customers pay : Fifty percent of Finology’s customers pay on average on Day 20, and 30 percent pay on Day 40. On what day do the remaining credit customers pay?

Discounted cash flow analyses for new project : The company’s finance department suggested that you should use 12% as the discount rate for the discounted cash flow (DCF) analyses for this new project.

What is the present worth of the material cost of phase one : A company XYZ is considering manufacturing a product in space. What is the present worth of the material cost of phase 1

User Account

All Pages