The writer is very fast, professional and responded to the review request fast also. Thank you.
2 only
None of the above
2, 3, and 4
3 and 4
1 and 5
For 1 points
Question 24
J. Fred invested $5,000 in an established company. It paid no dividends the first year. In the second year, he received $25 in dividends. He sold the stock in the third year for $10,500 after he received a $50 dividend. What is J. Fred’s internal rate of return?
20.66
28.19
40.56
28.39
For 1 points
Question 25
William and Mary will be attending their 25th college reunion in 8 years. They are both very successful and would like to make a donation to the college at the reunion. If they are able to save $5,000 at the end of each quarter until the reunion, and they can receive a return of 10% on an investment you recommend to them, how much will they be able to contribute to the college?
$109,246
$43,681
$240,751
$246,770
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