1. Sam was injured in an accident and the insurance company has offered him the choice of 25,000 per year for 15 years with the first payment being made today or lump sum if a fair return is 7.5% how large must a lump-sum be to have him as well off financially as with the annuity
2. What are the five sources of fundamental risk? Explain.
3. I need help with the Integrated Case 8-23 in Chapter 8 of the Fundamentals of Financial Management book. Can you please help me? It is a two page problem. Do I need to type the entire problem or cna you look at it in the book?