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the 7) The future value of a dollar as the interest rate increases and further into the future the initial investment is made. A) decreases:
the 7) The future value of a dollar as the interest rate increases and further into the future the initial investment is made. A) decreases: decreases B) decreases increases C) increases increases D) increases: decreases 8) Each of the following is required for a corporation to pay a cash dividend except for A) sufficient retained earnings B) a vote by managers C) declaration by the board of directors D) sufficient cash to pay the dividend 9) If you expect to retire in 30 years, are currently comfortable living on $50,000 per year and expect inflation to average 3% over the next 30 years, what amount of annual income will you need to live at the same comfort level in 30 years? A) $121,350 B) $95,000 C) $20,599 D) $51,500 10) If a new bond issue hits the market with a stated coupon rate of 12% and the market interest rate is 8% that bond will be issued at. A) par value B) zero coupon C) a premium D) a discount
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