Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Short Story Problem for Insurance Needs
You have been recommended by an attorney to work with his clients to assist with their insurance needs for their business. The business, ABC Company, is owned equally by two partners, Jim, age 56 and Fred, age 42. The business is valued at $5 million and is organized as a Subchapter S Corporation. Each partner receives $1M annually in wages and Subchapter S dividends. Each partner is contributing the maximum to the Company 401(k) plan annually.
When you meet with them, you learn that they have no buy-sell agreement and no insurance. They tell you that they want to protect their families in the event of a death of a partner, and that they also want to be able to establish a retirement savings program for each of them individually outside of the Company 401(k) program. Each partner is married with children. They each have a net worth of $5 Million, including their ownership share of the Company.
They ask you to make recommendations to them to develop a plan of insurance for their personal and business needs. Please provide your recommendations, and make assumptions on which you will make your recommendation. You should discuss the types of insurance policies you would recommend and why you recommend them. Please keep your discussion to no more that 3 typewritten pages, double-spaced.
A bond for Firebird, Inc. has a coupon rate of 7% and face value of K1000, 000. The yield to maturity is 6.8%. The bond has a remaining life of 30 years and makes annual coupon payments? What is this bond's current market value?
Suppose you deposit $55 each period into an account that has a APR of 9%, based on quarterly compounding. How much will you have in the account in 35 years?
What criteria drove Amazon’s decision of where to produce the different components that go into the kindle? Were these the right criteria? Some have argued that the fact that only $40-$50 of the value associated with manufacturing the Kindle goes to ..
A newly issued 20-year, $1,000, zero coupon bond just sold for $311.05. What is the implicit interest, in dollars, for the first year of the bond's life?
What does the yield curve represent? What does the cost of capital represent?
A zero-coupon bond with a par value of $2,000 matures in 10 years. At what price would this bond provide a yield to maturity that matches the current market rate of 8 percent?
Fargo Memorial Hospital has annual net patient service revenues of $14,400,000. It has two major third-party payers, plus some of its patient is self-payers. The hospitals patient accounts manager estimates that 10% of the hospitals paying patients (..
River Rock, Inc. just paid an annual dividend of $2.80. The company has increased its dividend by 2.5 percent a year for the past 10 years and expects to continue doing so. What will a share of this stock be worth 6 years from now if the required ret..
A $1,000 face value bond quoted as 102.16 sells for _____ and a bond quoted as 99:08 sells for _____.
A Treasury bond that matures in 10 years has a yield of 6%. A 10-year corporate bond has a yield of 10%. Assume that the liquidity premium on the corporate bond is 0.6%. What is the default risk premium on the corporate bond?
Firm S is considering adding a robotic device to its production line. The device base price is $1,038,000.00, and it would cost another $21,500.00 to install it. The machine falls into the MACRS 3-year class (the applicable MACRS depreciation rates a..
An oil company employs a petroleum engineer on his 45th birthday at a salary of $60,000 per year, which is expected to increase by an average of $1,500 at the end of each year until his retirement age of 65. The company’s retirement package pays one-..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd