Answer: A1
Explanation: The columns are arranged alphabetically and the rows are ordered numerically. The cell address states the column, a letter, followed by the row, then a number.
Answer:
child care
Explanation:
FSA is a special account you put money into that you use to pay for certain out-of-pocket health care costs
Answer:
$1,818,181.81
Explanation:
Data provided:
Amount that will be provided a year = $50,000
Expected rate of return = 2.75%
Now,
The Present value of perpetuity is given as:
Present value of perpetuity =
on substituting the respective values, we get
Present value of perpetuity =
or
Present value of perpetuity = $1,818,181.81
Hence,
The amount that must be deposited today to fund this gift is $1,818,181.81
Answer:
Arbitrage opportunity may exists as the ZCBs selling at different price at same time due to change in their YTM .
The PV of 100 face value zcb with different ytm are different , in this case.
for one year maturity with face value 100 current price = fv/ pv at 8% = 92.59
for Two year maturity with face value 100 current price = fv / Pv at 9% for two years = 84.167 , if the bond holder sell the bond after 1 year only, the price = 91.74 .
a) The arbitrage opportunity exist with buy two bond with face value 100 with maturity of 1 year and face value 110 with maturity of 2 years.
b) profit 0.01 , as difference between PV of both bond at their YTM rate.
Answer:
Answer is $15,000
$6,000 share of ordinary income plus $9,000 gain for a $50,000 distribution in excess of her $41,000 stock basis.