1. Describe regular cash dividends stock dividends, and reverse stock splits?
2. Compare among share repurchase methods?
3. Toby Martin invests $2,000 at the end of each year for 10 years in an ordinary annuity at 11% interest compounded annually. What is the final value of Toby’s investment at the end of year 10? (Do not round intermediate calculations. Round your answer to the nearest cent.)
Future value $