1 janie deposits 10000 in the bank today starting 3 years, Ask an Expert

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1. Janie deposits $10,000 in the bank today. Starting 3 years from now, she makes equal withdrawals of $1,000 for 5 years and then withdraws the remaining amount 10 years from now. How much will she be able to withdraw 10 years from now, assuming the bank pays 6 percent compounded annually?

2. A share of stock is now selling for $100. It will pay a dividend of S9 per share at the end of the year. Its beta is 1.00. What do investors expect the stock will sell for at the end of the year?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92791770

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