A popular plan whereby employees contribute pretax dollars which are then matched by the employer is known as

You dream of endowing a chair in finance at the local university that will provide a salary of $150,000 per year forever, with the first cash flow to be one year from today

If the university promises to invest the money at a rate of 5% per year, how much money must you give the university today to make your dream a reality? A) $3,000,000 B) $15,000,000 C) $2,857,143 D) This question cannot be answered.

Using EVA to calculate residual income, the dollar cost of capital employed is the actual percentage cost of capital multiplied by the total capital employed

Indicate whether the statement is true or false