A(n) ________ is a purchase made on the spur of the moment without any planning or search effort

Your finance professor suggests that you should have $2,500,000 in your retirement portfolio before you even THINK about retiring. Recently, your uncle sold valuable California real estate and handed you a check for $300,000

This is the amount you have after paying taxes. He is now your favorite uncle.) How much of the $300,000 must you set aside today if you invest a portion of the money at an annual rate of 8.0% and you wish to retire in 35 years with the amount suggested by your finance professor? A) $169,086 B) $14,508 C) $130,914 D) At an annual rate of return of 8.0%, $300,000 is not a large enough investment to reach the goal amount of $2,500,000 in 35 years.

Based upon the information provided in the table above, you can conclude ________

The following table summarizes prices of various default-free zero-coupon bonds (expressed as a percentage of face value): Maturity (years) 1 2 3 4 5 Price (per $100 face value) 94.52 89.68 85.40 81.65 78.35 A) that the yield curve is flat B) nothing about the shape of the yield curve C) that the yield curve is downward sloping D) that the yield curve is upward sloping