Present value of winning lottery ticket
You have just won a lottery! You will receive $50,000 a year beginning one year from now for 20 years. If your required rate of return is 10%, what is the present value of your winning lottery ticket?
Now Priced at $5 (50% Discount)
Recommended (96%)
Rated (4.8/5)
INFORMATIVE: This year voters sent the first Hindu to the U.S. House of Representatives and the first Buddhist to the U.S. Senate. What do these and similar elections of religious/ethnic minorities portend for the U.S. government?
The debt and equity option would consist of 16,000 shares of stock plus $270,000 of debt with an interest rate of 6 percent. What is the break-even level of earnings before interest and taxes between these two options?
If firms use the company cost of capital for evaluating all of their projects, which of the following is likely? I) Accepting poor low risk projects.
Briarcrest Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $1,930,262.
Company is open 7 days a week and has a daily payroll of $1750. employees are paid every friday, december 31 is a tuesday. 30% of payroll is for HR employees and 70% for IT employees.what is the correct adjusting entry?
To finance the purchase, you've arranged for a 30-year mortgage loan for 80 percent of the $2,600,000 purchase price. The monthly payment on this loan will be $11,000. What is the effective annual rate on this loan?
What is the cost of internal common equity if the long-term growth in dividends is projected to be 4 percent indefinitely?
The Valasquez Company, a maker of a variety of metal and plastic products, is in the midst of a business downturn and is saddled with many idle facilities.
1948637
Questions Asked
3,689
Active Tutors
1426094
Questions Answered
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!
In the TED Talk "The Urgency of Intersectionality," Kimberle Crenshaw explains how people experience overlapping forms of discrimination based on race
How has race been a form of caste in South Africa? Although apartheid is no longer law, why does racial inequality continue to shape South African society?
Question: The concept of "less eligibility" was introduced in 1834 to Option A limit assistance.
Using two examples for each level (micro, mezzo, and macro), describe how a policy practitioner brings about policy change.
Question: Which of the following people is likely to be the MOST individualistic?
We have discussed the importance of archaeology to the study of gender. What can information about past societies tell us about gender?