Robert, single and age 54, is a participant of his employer’s qualified profit sharing plan. for the current year he received a forfeiture allocation of $25, but the employer did not make any other contribution for the year. robert would like to make a deductible ira contribution. if robert’s agi is $80,000 (all comprised of w-2 earnings and portfolio income), what is the maximum deductible ira contribution robert may make to the plan?
a. $0
b. $3,000
c. $5,500
d. $6,500

Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.

Companies under market structures are independent

How should the financial interests of stockholders be balanced with varied interests of stakeholders? if you were writing a code of conduct for your company, how would you address this issue?