Suppose you are thinking of buying an apartment complex. The asking price is $1 million. The complex generates $200,000 per year in rental income and costs $100,000 per year to maintain. The risk-free rate of interest is 7% per year. Unfortunately, you will not have the capital required to complete this kind of deal until you collect your inheritance in 6 months when you grandmother's estate settles. You propose a contract in which you agree today to buy the complex from the seller in 6 months. What selling price should be agreeable to both parties

Acompany factory is considered which type of resource a. land b. physical capital c. labor d. human capital

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?

In microeconomics, the point at which supply and demand meet is called the blank price