If for the next 40 years you place 3,000 in equal year-end-deposits into an account earning 8 per year, how much money will be in the account at the end of that time period?
A) 120,000.00
B) 777,169.56
C) 839,343.12
D) 2,606,942.58
Question 2
While Rogue Corporation has been in business for over 50 years, newly developed products
pushed the firm's year-over-year growth rate to 35 during the latest three years.
The firm is
proud of its history of paying dividends, but the vigorous recent growth of the firm has left it cash
challenged. Which of the following policies/procedures would you consider best under the
circumstances?
A) Look seriously for a merger partner.
B) Borrow long-term to pay the current dividend.
C) Substitute a stock dividend for the current cash dividend.
D) Enter into a long-term stock repurchase program.
Early in the twentieth century, when malnutrition was common, companies such as this one advertised
Adolescents are preoccupied with finding their place in the social group as well as society.
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