457 plans have the following advantages over 401 k plans except:   a. Roth provisions   b. better investment opportunities   c. higher investment limits   d. a wider range of investors

A $1000 face-value coupon bond has a current yield of 5.75% and a market price of $1060. What is the bond’s coupon rate?

When are the Cash flows classified as financing activities?

6% n 1 2 3 4 5 6 7 8 9 10 Single Payments Compound Present Amount Worth P/F F/P 1.0600 1.1236 1.1910 1.2625 1.3382 TABLE 11 Discrete Cash Flow: Compound Interest Factors Uniform Series Payments Compound Amount F/A Capital Recovery A/P 1.4185 1.5036 1.5938 1.6895 1.7908 0.9434 0.8900 0.8396 0.7921 0.7473 0.7050 0.6651 0.6274 0.5919 0.5584 Sinking Fund A/F 1.00000 0.48544 0.31411 0.22859 0.17740 0.14336 0.11914 0.10104 0.08702 0.07587 1.0000 2.0600 3.1836 4.3746 5.6371 6.9753 8.3938 9.8975 11.4913 13.1808 1.06000 0.54544 0.37411 0.28859 0.23740 0.20336 0.17914 0.16104 0.14702 0.13587 Present Worth P/A 0.9434 1.8334 2.6730 3.4651 4.2124 4.9173 5.5824 6.2098 6.8017 7.3601 Arithmetic Gradients Gradient Present Worth P/G 0.8900 2.5692 4.9455 7.9345 11.4594 15.4497 19.8416 24.5768 29.6023 Gradient Uniform Series A/G 0.4854 0.9612 1.4272 1.8836 2.3304 2.7676 3.1952 6% 3.6133 4.0220 A family that won a $100,000 prize on America's Funniest Home Videos decided to put one-half of the money in a…