1. How Do Companies Decide on Payouts? How Firms Pay Dividends and Repurchase Stock?
2. Determine the present value of an annuity due of $1,000 per month for 15 years discounted back to present at 12 percent compounded monthly. What would be the present value if it were a regular annuity?
3. What is insurance and why it is important? Identify the steps in the risk management process. Name and describe the 3 hazards. Please reply substantively to at least two students' posts.