Why is it important to take special steps to format an electronic résumé properly? a. it demonstrates superior knowledge over other candidates b. it shows time went into applying for the position c. it ensures the document is clear and readable d. all of the above

Imprudential, inc., has an unfunded pension liability of $572 million that must be paid in 25 years. to assess the value of the firm’s stock, financial analysts want to discount this liability back to the present. if the relevant discount rate is 6.5 percent, what is the present value of this liability? (do not round intermediate calculations and enter your answer in dollars, not millions, rounded to 2 decimal places, e.g., 1,234,567.89)