Accumulated value of annuity at the time of last deposit

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1. The nominal rate of interest, convertible semiannually, is 8%. You deposit $150 each month for four years. Find the accumulated value of this annuity at the time of the last deposit.

2. Jamison Insurance’s stock currently sells for $13.50 a share. It just paid a dividend of $1.70 a share. The dividend is expected to grow at a constant rate of 5% a year. What is the expected rate of return?

3. List three legal risks your business will face. Discuss each in detail and explain how you plan to minimize these risks.

Reference no: EM132003547

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