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Acquire a copy of General Electric most recent annual report by using the Internet or other resources answering the following questions, noting that annual reporting period and fiscal year mean year-end numbers:
Attach a copy of the Balance Sheet, Income Statement and Statement of Cash Flow from the Annual Report to your assignment.

What were the company’s two largest current liabilities at the end of its 2 most recent annual reporting periods?

What were the company’s total liabilities at the end of its 2 most recent annual reporting periods?

What were the company’s revenues (or net revenues) for the last 3 annual reporting periods?

What was the company’s net income for the last 3 annual reporting periods?

Sam was injured in an accident

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Sam was injured in an accident, and the insurance company has offered him the choice of $49,000 per year for 15 years, with the first payment being made today, or a lump sum. If a fair return is 7.5%, how large must the lump sum be to leave him as well off financially as with the annuity?

Your girlfriend just won the Florida lottery. She has the choice of $16,600,000 today or a 20-year annuity of $1,050,000, with the first payment coming one year from today. What rate of return is built into the annuity?

An investment instrument pays $1.35 million at the end of each of the next ten years. An investor has an alternative investment with the same amount of risk that will pay interest at 8.5 percent, compounded quartely.

What effective rate should you receive in this investment?
How much should you pay for the mortgage instrument?

After the EAR is established, how is the problem set up for the effective rate. And how will you determine what to pay fot the mortgage instrument?

Please address the following questions:

1. What is the future value of a 5 year ordinary annuity with annual payments of $200 evaluated at a 15% interest rate?

2. You have just taken out an installment loan for $100,000. Assume that the loan will be repaid in 12 equal monthly installments of $9,456 and the first monthly payment will be due one month from today. How much of the third monthly payment will go toward repayment of principal?