Suppose someone offered you your choice of two equally risky annuities, each paying $10,000 per year for four years. One is a regular (or deferred) annuity, while the other is an annuity due. If you are a rational wealth maximizing investor which annuity would you choose? a. The annuity due; however, if the payments on both were increased by at least 50 percent to $15,000, the deferred annuity would be preferred.
b. The deferred annuity.
c. Either one if the discount rate is positive, because as the problem is set up, they have the same present value.
d. The annuity due.
e. Without information about the appropriate interest rate, we cannot find the values of the two annuities, hence we cannot tell which is better.

If we know that a firm has a net profit margin of 4.6 %, total asset turnover of 0.62, and a financial leverage multiplier of 1.54, what is its roe? what is the advantage to using the dupont system to calculate roe over the direct calculation of earnings available for common stockholders divided by common stock equity?

Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?

Select all that apply. what do opponents of minimum wage believe are the results of minimum wage? increases personal income results in job shortages causes unemployment raises prices of goods