1. Explain the main differences between equity valuation and firm or business valuation
2. I need 250 words on "Decumulation Planning" (i.e. benefits, drawbacks, when to use it, what it is, etc.).
3. You have a $57,000 portfolio consisting of Intel, GE, and Con Edison. You put $22,800 in Intel, $14,800 in GE, and the rest in Con Edison. Intel, GE, and Con Edison have betas of 1.3, 1, and .8, respectively. What is your portfolio beta?
4. Should the estate tax be abolished forever, permitting families of successful, wealthy individuals to retain their wealth without government interference? Why or why not?