1. Discuss the economic rationale for the existence of mutual funds, What roles do they play for investors.
2. You are offered an investment that will pay you $665 per month for next 12 years. Assuming you want to earn an 6.76% rate of return, what is this investment worth today? Round to the nearest cent.
3. Give an Analysis and Evaluation for case study "The Blockchain Will Do to the Financial System What the Internet Did to Media".