Annette Robinson is a sixty-three-year-old recent widow. Annette is attempting to do some tax and investment planning pertaining to her late husband’s traditional IRA account. She is seeking your advice as to the best course of action. She has informed you that her husband was sixty-nine at the time of his death and had not started taking a RMD.
a.What are the three distribution methods available to Annette?
b.Which method should she choose to maximize tax deferral? Based on the appropriate life expectancy table, how much will her first required distribution be? When will this distribution happen?
c.Which method should she choose to maximize the distribution? Based on the appropriate life expectancy table, how much will her first required distribution be? When would this distribution happen?
d.Which alternative would not have been available had her husband begun his required distributions?
e.If Annette had been younger than age fifty-nine, which alternative would have allowed her to take distributions without incurring a tax penalty?
In: Economics
A neurologist needs to counsel a stroke victim and her husband about possible outcomes, treatment options, and lifestyle changes that may be necessary. The patient is located in rural Utah, and the neurologist is in Salt Lake City. What is the most appropriate way for the physician to communicate?
The doctor should talk to the patient and her husband through video conferencing so facial expressions can be read and understanding confirmed in real time. The doctor should email the information to a local, nonspecialist physician in the patient’s hometown, and that doctor can communicate face-to-face with the patient and her husband. The doctor should send a detailed email outlining the many options and considerations and inviting the patient and her husband to email him back with any questions. The doctor should use Intermountain Healthcare’s extensive database to provide the patient and her husband with factsheets on her condition, links to websites for rehabilitation facilities, and contact information for support groups.
In: Operations Management
Consider the three stocks in the following table.
Pt represents price at time t, and
Qt represents shares outstanding at time
t. Stock C splits two-for-one in the last
period.
| P0 | Q0 | P1 | Q1 | P2 | Q2 | |
| A | 85 | 100 | 90 | 100 | 90 | 100 |
| B | 45 | 200 | 40 | 200 | 40 | 200 |
| C | 90 | 200 | 100 | 200 | 50 | 400 |
a. Calculate the rate of return on a
price-weighted index of the three stocks for the first period
(t = 0 to t = 1). (Do not round
intermediate calculations. Round your answer to 2 decimal
places.)
b. What will be the divisor for the price-weighted
index in year 2? (Do not round intermediate calculations.
Round your answer to 2 decimal places.)
c. Calculate the rate of return of the
price-weighted index for the second period (t = 1 to
t = 2).
In: Finance
Question 1
Alphabet Inc. will not pay it's first dividend until ten years from now. The first dividend received in 10 years (Year 10) is expected to be $120. Dividends are expected to grow at 4% forever after this first dividend payment. The required rate of return for similar stocks is 15%. What is the current value of Alphabet, Inc. stock?
Question 2
Snoke Inc's will pay a dividend of $10 next year. The required rate of return is 10% and dividends are expected to grow 5% after next year. What will Snoke's dividend be in 100 years? (Year 100)?
Question 3
Snoke Inc's will pay a dividend of $10 next year. The required rate of return is 10% and dividends are expected to grow 5% after next year. What is Snoke's estimated stock price as of today (Year 0 Estimated Price of Stock)?
In: Finance
Question 1
Alphabet Inc. will not pay it's first dividend until ten years from now. The first dividend received in 10 years (Year 10) is expected to be $120. Dividends are expected to grow at 4% forever after this first dividend payment. The required rate of return for similar stocks is 15%. What is the current value of Alphabet, Inc. stock?
Question 2
Snoke Inc's will pay a dividend of $10 next year. The required rate of return is 10% and dividends are expected to grow 5% after next year. What will Snoke's dividend be in 100 years? (Year 100)?
Question 3
Snoke Inc's will pay a dividend of $10 next year. The required rate of return is 10% and dividends are expected to grow 5% after next year. What is Snoke's estimated stock price as of today (Year 0 Estimated Price of Stock)?
In: Finance
Develop a program using Threads in C/C++ to estimate the value of PI using the Monte Carlo method
use:
C/C++ #include srand((unsigned)(myid)); x = ((double)rand()) / ((double)RAND_MAX); y = ((double)rand()) / ((double)RAND_MAX);
Your program will allow the user to specify the number of threads (range 1 to 10) and the total number of data points (range 10 to 1,000,000) used for the Monte Carlo simulation on the command line. Note, DO NOT assume the number of data points is always evenly divisible by the number of threads.
In: Computer Science
Develop a program using Threads in C/C++ to estimate the value of PI using the Monte Carlo method
use:
C/C++ #include srand((unsigned)(myid)); x = ((double)rand()) / ((double)RAND_MAX); y = ((double)rand()) / ((double)RAND_MAX);
Your program will allow the user to specify the number of threads (range 1 to 10) and the total number of data points (range 10 to 1,000,000) used for the Monte Carlo simulation on the command line. Note, DO NOT assume the number of data points is always evenly divisible by the number of threads.
In: Computer Science
Gandul Limited has the option to invest in Project XXX. The following information is available on the project: Project XXX Investment R280 000 Scrap value Nil Expected life 5 years Cost of capital 12% Expected after tax profits and cash flows Profits Cash flows End of: Rand Rand Year 1 23 000 79 000 Year 2 26 000 82 000 Year 3 40 000 96 000 Year 4 43 000 99 000 Year 5 14 000 70 000 Required: 2.1 Calculate the accounting rate of return. (Two decimal places) (4) 2.2 Calculate the payback period. (In years, months and days) (4) 2.3 If the payback cut off is three years, should the project be chosen? Why? (2) 2.4 Calculate the net present value of the project. (Round off amounts to the nearest Rand.) (8) 2.5 Should the project be accepted on the basis of NPV? Why? (2)
In: Finance
Question 2:
Gandul Limited has the option to invest in Project XXX. The following information is available on the project:
Project XXX :
Investment R280 000
Scrap value Nil
Expected life 5 years
Cost of capital 12%
Expected after tax profits and cash flows: Profits Cash Flows
End of: Rand Rand
Year 1 23 000 79 000
Year 2 26 000 82 000
Year 3 40 000 96 000
Year 4 43 000 99 000
Year 5 14 000 70 000
Required:
2.1 Calculate the accounting rate of return. (Two decimal places)
2.2 Calculate the payback period. (In years, months and days)
2.3 If the payback cut off is three years, should the project be
chosen? Why?
2.4 Calculate the net present value of the project. (Round off
amounts to the nearest Rand.)
2.5 Should the project be accepted on the basis of NPV? Why
In: Finance
A true-false question is to be posed to a husband-and-wife team on a quiz show. Both the husband and the wife will independently give the correct answer with probability 0.6. the couple uses the following strategy: Have them both consider the question, and then either give the common answer if they agree or, if they disagree, flip a fair coin to determine which answer to give.
What is the conditional probability that the couple gives the correct answer given that the husband and wife agree on the answer?
In: Statistics and Probability