Author Question: The rules governing cliff vesting require that 100 of employer contributions be vested after A) ... (Read 56 times)

james9437 · **on:** Jul 11, 2018

The rules governing cliff vesting require that 100 of employer contributions be vested after

A)

1 to 2 years of service.
B)

3 to 5 years of service.
C)

10 to 11 years of service.
D)

13 to 15 years of service.

Question 2

An investment is expected to yield 300 in three years, 500 in five years, and 300 in seven years.
What is the present value of this investment if our opportunity rate is 5?

A) 885 B) 900 C) 864 D) 735