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4. You would like to retire at the end of 30 years with an annual pension of $100,000 per year for the 20 years following

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4. You would like to retire at the end of 30 years with an annual pension of $100,000 per year for the 20 years following retirement.. How much should you deposit every year for the next 30 years to meet your goal. Assume you can earn 10 percent per year for the entire 50 years. 5. You deposit $5176 per year for the next 30 years into your retirement account. How much can you withdraw per year for the 20 years following retirement. Assume you can earn 8 percent per year for the entire 50 year period. 6. 5. A money market fund has $20 billion invested in 90-day t-bills and $10 billion in 180-day Commercial paper. A crisis hits the money market resulting in an immediate fall in T-bill rates of 10 basis points and a rise of 10 basis points in Commercial Paper, what is the gain or loss in the portfolio if it is marked to market after the change in rates? PROBLEM I(8 points) Following are the single period returns in each of the years 2013, 2014, 2015 Year 2013 2014 2015 Return 12% -10% 28%

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