1. What are the two main reason to Analyzing Marketable Investment securities?
2. What would be some of the pros and cons if off-balance sheet items were required to be reported in the balance sheet?
3. An insurance company offers you an end of year annuity of $48,000 per year for the next 20 years. they claim your return on the annuity is 8 percent. what should you be willing to pay today for this annuity?