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5 pts Question 5 You are currently age 55 and expect to have a retirement plan at age 65. The plan pays $25,000 per year
5 pts Question 5 You are currently age 55 and expect to have a retirement plan at age 65. The plan pays $25,000 per year for 40 years with the first payment at age 66. The current discount rate is 7.5%. What is the present value at your current age of 55? $314860.22 None of the choices $152768.27 O $333333.33 5 pts Question 6 Compute the expected return of the Stock for the following forecast: T-bill Stock Prob US Economy -23% Bust 15% 1.25% 65% 1.25% 3% Steady 1.25% 35% Boom 5% O None of the choices 1.25% 5.5%
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