1. Evaluate the costs and benefits, including both financial and nonfinancial, of each of the three options that Shein and Pilarski have identified.
2. 11 years ago, Elite Elements issued a 15 yr bond with a $1000 face value and a 5% coupon rate of interest. if investors require a return equal to 7% to invest in similar bonds, what is the current market value of elites bond?
3. Andy has 500000 and wants to retire . He expects to live for another 30 years and earn 9.10% on his imvesment funds. How much could he withdraw at the end of each 30 years and end up with zero in the account?