Question
I need answers for these questions. 1. JT purchases 1,000 shares of stock at $23.50 per share in January 2006. He sells the 1,000 shares
I need answers for these questions. 1. JT purchases 1,000 shares of stock at $23.50 per share in January 2006. He sells the 1,000 shares in January 2110 for $35.50 per share. What is his internal rate of return? 22) A) 10.86% B) 16.08% C) 8.06% D) 6.08%
2. Coverdell Education Savings Accounts 14) A) pay for all education costs. B) can be transferred between family members. C) allow for deductible contributions. D) have no penalties for premature withdrawal of funds.
3. Which of the following would involve speculative risk? 17) A) installing a burglar alarm system B) installing a merchandise display case C) installing a camera to survey the parking lot D) installing a sprinkler system
4. Capital budgeting investments are based on the assumption that rates of return on investments will vary, but current inflation rates will remain the same during the useful life of the investment. 21) A) True B) False
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