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You have saved for retirement for many years. Assume the accumulated value of your portfolio is now $ 1,200,000, all of it invested in the
You have saved for retirement for many years. Assume the accumulated value of your portfolio is now $ 1,200,000, all of it invested in the LONG TERM VISION FUND that yields 6.3%. Further assume that you make 20 annual withdrawals, leaving a zero balance in the account after the last withdrawal. Estimate the amount of each withdrawal. O 107,184 106,326 O 105,472 O 108,044
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International Corporate Finance
Authors: Mark R. Eaker, Frank J. Fabozzi, Dwight Grant
1st Edition
0030693063, 9780030693069
