Question: ans both please QUESTION 26 Your goal is to be able to withdraw $10,000 for each of the next three years beginning one year from

QUESTION 26 Your goal is to be able to withdraw $10,000 for each of the next three years beginning one year from today and also to withdraw $50,000 four years from today. The return on the investment is expected to be 3%. The amount that needs to be invested today is cosest to $89,755. $65,238 $72,711 $110,383 QUESTION 28 Red Company has provided the following information: 200,000 shares of $5 par value common stock are authorized 160,000 shares have been issued 145,000 shares are outstanding Which of the following statements is correct? Red has 55,000 shares of treasury stock. OO Red has 15,000 shares of treasury stock. Red can issue an additional 15,000 shares of common stock. Red can issue an additional 55,000 shares of common stock
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
