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1. If a zero coupon bond can be purchased for $232.99 and has a maturity value of $1000 at the end of 25 years, what
1. If a zero coupon bond can be purchased for $232.99 and has a maturity value of $1000 at the end of 25 years, what is the annual rate of return on the bond?
2. Which of the following needs tax adjustment when finding the after tax cost
A. common stock B. long term debt C. retained earnings D. preffered stock
3. Your client is 40 years old and she wants to begin saving for retirement, with the first payment tocome one year from now. She can save $7000 per year and you advise her to invest it in the stock market ehich you expect to provide an average return of 12% in the future. If she follows your advice how much money eill she have at 65?
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