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Please answer all question and I WILL upvote, thanks! Mr. Roberts wants to achieve financial independence in 20 years. He has guessed that he needs
Please answer all question and I WILL upvote, thanks!
Mr. Roberts wants to achieve financial independence in 20 years. He has guessed that he needs an additional $500,000 to fund this goal. He anticipates 7 percent after-tax return on any potential investment. What annual payment should he make to the hypothetical investment? A. $17,511,46. B. $12,196.46. C. $17,511.46. D. $22,848.46. 6. All of the following are correct as to how the PBGC is financed except A. Assets of defined benefit plans which have been taken over. B. Insurance premiums paid by plan participants. C. PBGC investments. D. Recoveries from plan sponsors. 7. Which of the following is a probability analysis? A. Historic returns. B. Monte Carlo. C. Straight-line returns. D. Stress testing Step by Step Solution
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