1. If a block was sold in several small lots in this case, what would be the consequence of doing that? Could T Rowe do that instead of selling the block entirely to Goldman?
2. What is the basic problem Greg faces in trying to dispose the block of Avantek shares? What advice would you give him if he could do it all over again given you have known what he has done in both Case A and B?
3. Mary Grace expects to need $50,000 for a down payment on a house in six years. How much would she have to invest today in an account paying 7 percent to have $50,000 in six years? Show all steps and formula.