An agent must obey all instructions of the principal
Indicate whether the statement is true or false
False
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Dickson Co. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's NPV? Note that a project's expected NPV can be negative, in which case it will be rejected. r:12.00% Year0 1 2 3 4 5 Cash flows?$1,100 $400 $390 $380 $370 $360
A. $250.15 B. $277.94 C. $305.73 D. $336.31 E. $369.94
IRA funds may be invested in all of the following except one. Which one?
A) Life insurance B) Real estate C) Foreign stocks D) State bonds
The ________ was established by the Federal Trade Commission in 2003 to allow consumers to limit the number of telemarketing calls they receive.
A. Child Protection Act B. Consumer Products Safety Commission Act C. Federal Communications Commission D. National Do Not Call Registry E. USA Freedom Act
Cameron is the owner and beneficiary of a $300,000 policy on the life of his mother. Cameron sells the policy to his brother, Parker, for $100,000. Parker subsequently pays premiums of $55,000. Upon his mother's death, how much of the insurance proceeds must Parker include in income?
A) $0 B) $55,000 C) $145,000 D) $300,000