Alex plan to retire in 30 years. Starting from this year, he plans to save $3000 every year. The first $3000 will be deposited into his retirement account by the end of this year. Suppose the account will generate an annual return of 7%. How much money will Alex have in his retirement account when he retires
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The common stock of ncp paid $1.35 in dividends last year. dividends are expected to grow at an annual rate of 5.30 percent for an indefinite number of years. a. if ncp's current market price is $22.57 per share, what is the stock's expected rate of return? b. if your required rate of return is 7.3 percent, what is the value of the stock for you? c. should you make the investment? a. if ncp's current market price is $22.57 per share, the stock's expected rate of return is
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Alex plan to retire in 30 years. Starting from this year, he plans to save $3000 every year. The fir...
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