The Bello Corporation wishes to accumulate $2,000,000 for plant expansion. The funds are required on January 1, 2023. Bello intends to make five equal annual deposits in a fund that will earn interest at 7% compounded annually. The first deposit is made on January 1, 2018. Present value and future value facts are as follows: Present value of $1 at 7% for 5 periods .713 Present value of an ordinary annuity of $1 at 7% for 5 periods 4.100 Future value of an ordinary annuity of $1 at 7% for 5 periods 5.750 Future value of an annuity due of $1 at 7% for 5 periods 6.150 What is the amount of the required annual deposit

marketing strategies should be established before marketing objectives are decided. t/f

Burke enterprises is considering a machine costing $30 billion that will result in initial after-tax cash savings of $3.7 billion at the end of the first year, and these savings will grow at a rate of 2 percent per year for 11 years. after 11 years, the company can sell the parts for $5 billion. burke has a target debt/equity ratio of 1.2, a beta of 1.79. you estimate that the return on the market is 7.5% and t-bills are currently yielding 2.5%. burke has two issuances of bonds outstanding. the first has 200,000 bonds trading at 98% of par, with coupons of 5%, face of $1000, and maturity of 5 years. the second has 500,000 bonds trading at par, with coupons of 7.5%, face of $1000, and maturity of 12 years. kate, the ceo, usually applies an adjustment factor to the discount rate of +2 for such highly innovative projects. should the company take on the project?

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)