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1. Describe the difference between pay-as-you-go financing for pension, as opposed to a method of financing that is actuarially sound in terms of ongoing sustainability of pension system.

2. List and discuss three reasons for the prevalence of in-kind transfer programs over comparable cash transfer schemes.

3. Based on next year’s dividend, the dividend yield of a stock is 5.5%. The dividend growth rate is assumed to be 4%. What is the required rate of return for the stock?

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Financial Management, Finance

Category:- Financial Management
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