1. How to find the amount received by the seller of the stock (at the day's closing price). Be sure to duduct sale expenses.
2. In the textbook's capital budgeting examples, the book assumes that the firm recovers all of its working capital invested into a project. In the real world, is this a reasonable assumption?
3. Your company’s philanthropy initiative invested $ 50,000 in an account earning 7% per annum interest. The initiative added $ 30,000 to the account at the end of fifth year. How much money will the initiative have at the end of ten years from these investments?