Trey decides to set up a trust for the benefit of his two sons, ronnie and chad. trey makes an annual contribution to the trust in the amount of $28,000 and gives each son the right to withdraw up to $14,000. in the current year, when the total trust assets are $52,000, ronnie decides to withdraw $14,000, but chad does not withdraw anything. what is the result of chad’s decision not to withdraw any of trey’s contribution to the trust? chad has made a taxable gift to ronnie of $4,500. ronnie has made a taxable gift to chad of $14,000. trey has made a taxable gift to ronnie of $14,000. all of the above.

Suppose that jim plans to borrow money for an education at texas a& m university. jim will need to borrow $25,000 at the end of each year for the next five years (total=$125,000). jim wishes his parents could pay for his education but they can’t. at least, he qualifies for government loans with a reduced interest rate while he is in school. he has a special arrangement with aggiebank to lend him the money at a subsidized rate of 1% over five years without having to make a payment until the end of the fifth year. however, at the end of the fifth year, jim agrees to pay off the loan by borrowing from longhorn bank. longhorn bank will lend him the money he needs at an annual interest rate of 6%. jim agrees to pay back the longhorn bank with 20 annual payments and the payments will be uniform (equal annual payments including principal and interest). (i) calculate how much money jim has to borrow at the end of 5 years to pay off the loan with aggiebank. a. $121,336 b. $127,525 c. $125,000 d. $102,020 e. none of the above

Aminor has the legal right to repudiate

Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. the portfolio's beta is 1.25. now suppose you decided to sell one of your stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.55. what would the portfolio's new beta be? do not round your intermediate calculations.