Question
You put aside $100,000 in year t = 0, and let it grow at 4.6% interest for 3 years. Exactly one year after that you
You put aside $100,000 in year t = 0, and let it grow at 4.6% interest for 3 years. Exactly one year after that you start to withdraw your money for 3 years in equal amounts until it is exhausted. How much can you withdraw per year? Answer to the nearest cent, xxx.xx and enter without a dollar sign.
A firm's stock has 50% chance of a 39% rate of return. a 30% chance of a 17% rate of return. and a 20% chance of a -10% rate of return. What is the expected return for this stock? Answer as a percent return to the nearest hundredth of a percent as in xx.xx without entering a percent symbol. For negative returns include a negative sign.
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