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A 1? C D E F How much will you need at retirement to ensure a 35-year annuity of $12,000 per month? In other words,

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A 1? C D E F How much will you need at retirement to ensure a 35-year annuity of $12,000 per month? In other words, how much will you need on your retirement date in order to safely withdrawal $12,000 per month, starting in one month, for 35 years? Assume the retirement funds will be invested in a bond fund with an expected annual return of 4%. t2? How much is the monthly payment for a BMW 7-series car that costs $135,000 if the loan is for 5 years, monthly payments, and the annual percentage rate is 9%. !3? How much would you pay today for a stock that will pay its first dividend of $5.00, 11 years from today (T-11), then pay $6.00 in 12 years (T-12), and then the dividend will grow at 3% forever, if you demand a return of 10%? 44? How much would you be willing pay today for a $10,000 par, 4-year, 8% annual coupon rate, quarterly payment bond, if you require a 9% annual return? Hint: Value is between $8,000 and $12,000

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