1. Refer to the scenario in the weekly written assignment to answer the discussion question. Would our goal of maximizing the value of the stock be different if we were thinking about financial management in a foreign country? Why or why not?
2. Dino wins a lottery on July 1. His prize is an annuity due with 10 payments of $1,000 each July 1(starting with the day he wins) and 10 payments of $2,000 each January 1. If this annuity is valued at an effective annual interest rate of 5% what is the accumulated value of this prize (the combined value of the two annuities) exactly twenty years after he wins it?