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Read the book The Automatic Millionaire by David Bach.
Then, Turn in a 2-5 page double-spaced paper. Please do not go over 5 pages. Write one paragraph for each of the 8 chapters. Include at the beginning of each paragraph a heading stating which chapter you are writing about (you will get marked down if you don't have the headings) and a short description of the chapter, including key points.
Don't write just the bolded lines from each chapter. Write about what was included in each chapter. You are welcome to add what you learned or how you felt, but you will be graded on writing about what was included in each chapter.
Include a final summary paragraph that includes each of the following:
a. What you liked and/or disliked about the book
b. What you plan to implement in your life.
c. A financial quote that you liked from the book with the page number
Using the Internet, locate a source that identifies the number of personal bankruptcies that have occurred in the United States during a relatively recent time period.
Suppose if the British government has a consol bond outstanding paying 100 pound per year forever. Suppose the current interest rate is 4% per year.
Club has a required rate of return of 12 percent. What should be the price per share of Club stock at the beginning of the third year, P2 ?
Your grandfather put some money in an account for you on the day you were born. You are now 18 years old and are allowed to withdraw the money for the first time. What if you left money till your 65th birthday? How much money did your grandfather o..
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give an intuitive explanation of why the early exercise of an american put becomes more attractive as the risk-free
You have been hired as an executive director of a small nonprofit organization. Among your many duties are to determine an annual budget and develop a fiscal plan for the organization.
How do you justify the fact that share value is determined by PV of all future dividends but most investors don't need to hold the share forever to profit from such investment?
An investor has just taken a long position in a 5-month forward contract on the stock. What is the forward price?
Suppose your own 10% estimate of the stock's required rate of return is shared by the rest of the market. What does the market price of $50.00 per share imply about the market's estimate of the company's growth rate?
Discuss how union membership has evolved over the past century. Evaluate how unions have modified their philosophy to accommodate this shifting landscape.
This is a constant growth stock, and you know the price, the last dividend paid, and the growth rate in the dividend. Simply calculate the next dividend to be paid and back-out the required return (discount rate) on the stock. A) 9.78% B)14.8% C)1..
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