Answer:
a. If Seth dies in 2015, a loss can be claimed on his final return for his unrecoverable cost of the annuity.
Explanation:
Fixed-Period Annuity
The fixed-period, or period-certain, annuity guarantees payments to the annuitant for a predetermined length of time. Some common options are 10, 15, or 20 years. In a fixed-amount annuity, the annuitant elects an amount to be paid each month until death or benefits are exhausted. If the annuitant dies before the defined benefit is paid, some plans provide for the remaining benefits to be paid to a beneficiary. This feature applies if either the full period has not yet elapsed or a balance remains on the account at the time of death, depending on the plan. However, if the annuitant outlives the fixed period or exhausts the account before death, no further payments are guaranteed. If the plan provides for the continuation of benefits, payments continue to be paid to the beneficiary until the predetermined period elapses or the balance reaches zero.
Answer:
Present value = $9.7150 rounded off to $9.72
Explanation:
Using the dividend discount model, we calculate the price of the stock today. It values the stock based on the present value of the expected future dividends from the stock. To calculate the present value of the next four dividends, we will use the following formula,
Present value = D1 / (1+r) + D2 / (1+r)^2 + D3 / (1+r)^3 + D4 / (1+r)^4
Where,
- r is the required rate of return
Present value = 3 / (1+0.14) + (3+0.25) / (1+0.14)^2 +
(3+0.25+0.25) / (1+0.14)^3 + (3+0.25+0.25+0.25) / (1+0.14)^4
Present value = $9.7150 rounded off to $9.72
Answer:
a rise in a country's expected inflation rate will eventually cause an equal rise in the interest rate that deposits of its currency offer.
Explanation:
Inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.
Generally, inflation usually causes the value of money to fall and as a result, it imposes more cost on an economy.
When this persistent rise in the price of goods and services in an economy becomes rapid, excessive, unbearable and out of control over a period of time, it is generally referred to as hyperinflation
Under PPP i.e purchasing power parity (and by the Fisher Effect), all else equal a rise in a country's expected inflation rate will eventually cause an equal rise in the interest rate that deposits of its currency offer.
I believe the answer is d. I hope it was right and I helped!
Answer:
A)Understand the value of difference.
B)Seek training.
G)Build on similarities.
Explanation:
A)When one find his/ her self in a diverse work environment, one should understand that people are created differently with different behavior, understanding this differences will enable individual to work together to achieve high productivity.
B) by seeking training, ways to relate with coworkers can be learnt therefore enabling unity in the organization and team work would be easier.
C) Building similarities will lead to a acceptance of differences that exist between co-workers then this will enable good relationship s.