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1. Differentiate between Bankruptcy and Agency Costs.

2. Calculate the future value of an annuity due given the following information: Number of periods: 4 Interest rate: 9% Payments of $100 made at the beginning of each period.

3. A worker wants to have $2,000,000 by the time they retire. The worker plans on working 40 years until he retires. What yearly payment must be put into a savings account at the end of each year if the savings account yields 8% annually?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92781752

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