1. How do stock-splits increase shareholder value?
2. Systematic risk can be eliminated through portfolio diversification. (T/F) why?
3. Ty is single, age 30, and has annual income of $40,000. If he takes the legal maximum out of his checking account and invests it into a Roth IRA this year, and earns a 5% annual return for 35 years, how much can he spend at age 65?