1. A sound cost position means that at the very least an organization can pay its debts as they are due? True or false
2. The expected rate of return on a Treasury Bill is 0.013, the expected rate of return on the Wilshire 5000 is 0.11 and the required rate of return of a stock is 0.11. What is the stocks beta?
3. Present Value of an Annuity Due If the present value of an ordinary, 6-year annuity is $5,000 and interest rates are 11 percent, what's the present value of the same annuity due?
$5,550
$5,000
$5,500
$6,050