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You are ready to retire. A glance at your 401-(k) statement indicates that you have $750,000. If the funds remain in an account earning 7%,

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You are ready to retire. A glance at your 401-(k) statement indicates that you have $750,000. If the funds remain in an account earning 7%, how much could you withdraw at the beginning of each year for the next 25 years? (Round to the nearest ten dollars) O A) 60,144 O B) $59,670 C) $59,350 D) $65,053 11 Question 26 (0.15 points) Soledad Company preferred stock has a market price of $25. If it has a yearly dividend of $1.75, what is your expected rate of return if you purchase the stock at its market price? A) 8.75% B) 7.0% C) 13.31% D) 21.33%

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