Business, 09.12.2021 02:40 anthonylund311
You manage a pension fund that will provide retired workers with lifetime annuities. You determine that the payouts of the fund are going to closely resemble level perpetuities of $1 million per year. The interest rate is 10%. You plan to fully fund the obligation using 5-year and 20-year maturity zero-coupon bonds. (LO 11-2) How much market value of each of the zeros will be necessary to fund the plan if you desire an immunized position? What must be the face value of each of the two zeros to fund the plan?
Answers: 1
Business, 21.06.2019 18:10, diamondk2019
In a sumif conditional function, what should be the order of terms in the parentheses?
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Business, 22.06.2019 17:10, mikailah0988
At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)
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Business, 22.06.2019 18:00, ferny5133
Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.
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You manage a pension fund that will provide retired workers with lifetime annuities. You determine t...
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