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assignment ch 9-10

# assignment ch 9-10 - = 500,000 3.7908 = \$131,898.28-5...

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Syed Abdullah Mannan Introduction to Financial Accounting Date: 10-05-2011 Chapter 9 9-49 FV = PV (1+i)^n Rearranging terms to computer the present value: PV = FV / (1+i)^n i. 15,000 / (1 + .05)^5 = 11752.8 ii. 15,000 / (1 + .1)^5 = 9313.8 iii. 15,000 / (1 + .2)^5 = 6028.1 9-50 8% withdrawal annually will be = 500,000 / 3.9927 = \$125,228.54 10% withdrawal annually will be
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Unformatted text preview: = 500,000 / 3.7908 = \$131,898.28 Chapter 10 10-5 Cumulative dividends aren’t liabilities of the corporation because the directors can defer the preferred dividends indefinitely. 10-35 Preferred dividends (20X1, 20X2 and 20X3) = .07 x 3,000,000 x 3 = \$630,000 Common Stock dividend for 20X3 = 1,000,000 – 630,000 = \$370,000...
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