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6. How much would you pay for the right to receive $28,750 at the end of 10 years if you can earn 5.00 interest? a. $1,607 b. $15,889 c. $28,750 d. $17,650 16. Double taxation refers to: a. Taxing high income earners a tax equal to double what low income eamers pay b. Corporations not being able to deduct inferest when calculafing their income tax liabiity for their financial statements c. Paying income taxes on profits at the corporate level and then shareholders paying income taxes when they receive dividend checks from that same corporation d. Withholding federal income taxes from your paycheck and having your employer match that amount. 19. A stock pays a constant $9 dividend per year in perpetuity and has a 12% required retum. What is the current price of this stock? a. $75 b. $125 c. $85.71 d. There is no way to determine the price of the stock 25. You are interested in buying a used car, one that is priced at \$27, 500. And. you know your macimum payment is $425 per month, buf you refuse to divilge that to the salesperson even though they are pestering you for your maximum poyment. With 1008 financing and lgnoring soles tax if interest rates over 60 months are at 3.75% pery.. what is the moximum price you can pay for the cor ia order.to match your monthly poyment parameter? a. $23,219 b. $15,710 c. $18,733 d. $20,869