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0.8000 Question 19 (4 points) Smith would like to endow a chair at Harvard for $326,500 per year (i.e., this position will pay the annual
0.8000 Question 19 (4 points) Smith would like to endow a chair at Harvard for $326,500 per year (i.e., this position will pay the annual salary of $326,500 forever.). At 4% interest, how much does Smith need to donate? $81,625,000 $65,255,400 $6,525,540 $8,162,500 Question 20 (4 points) Which of the following is true? In preparing a statement of cash flows, the indirect method involves adjusting
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