1. What is meant by buying bond indirectly?
2. When investing in a stock you can make money or lose money. If you invest in Facebook and make $1000 in 10 months, you are happy. If you decide to sell your stock and realize the profit after only 10 months, what per cent of tax will you pay on your $1000 profit if your Tax Bracket is 25%? Why?
3. You have accumulated some money for your retirement. You are going to withdraw $87,126 every year at the beginning of the year for the next 29 years starting from today.