1. Dako, age 80, is beneficiary of a trust that will pay him $2,000 per month for life. (Remember to adjust for the monthly payment.) (a) At 4%, calculate the current value of this life income interest. (b) At 8%?
2. A side by side comparinson of financial analysis which is the current ratio, return on equity, the debt-equity ratio, the dividend payout ratio and the price/earnings (P/E) ratio.
for Johnson & Johnson and Proctor & Gamble for the years 2014 thru 2016