User Account

All Pages

The amount is to be paid out at the rate of 20000 a year

Assignment Help Finance Basics
Reference no: EM13572171

The Clearinghouse Sweepstakes has just informed you that you have won $1 million. The amount is to be paid out at the rate of $20,000 a year for the next 50 years. With a discount rate of 10%, what is the present value of your prize?

Reference no: EM13572171

Questions Cloud

Borderline cafeterias has discovered that most of its wait : borderline cafeterias has discovered that most of its wait staff is white while most of its kitchen staff is minority.
Search current us authoritative accounting literature to : fergusson corporation a u.s. company manufactures components for the automobile industry. in the past fergusson
You own a stock portfolio invested 40 percent in stock q : you own a stock portfolio invested 40 percent in stock q 25 percent in stock r 25 percent in stock s and 10 percent in
Thesis write a direct and concise thesis statement about : the paper must be 5 pages in length excluding the title pages and formatted according to apa style. you must use at
The amount is to be paid out at the rate of 20000 a year : the clearinghouse sweepstakes has just informed you that you have won 1 million. the amount is to be paid out at the
Ingrid is a recent immigrant from denmark with a valid us : ingrid is a recent immigrant from denmark with a valid u.s. work permit. she has applied for work on the wait staff at
Academic research and papers must meet certain standards of : part onethe paper must be 5 pages in length excluding the title pages and formatted according to apa style. you must
Required return for a preferred stock durham paper 338 : required return for a preferred stock durham paper 3.38 preferred is selling for 45.25. the preferred dividend is
You own a stock portfolio invested 35 percent in stock q : you own a stock portfolio invested 35 percent in stock q 20 percent in stock r 25 percent in stock s and 20 percent in

Reviews

Write a Review

Finance Basics Questions & Answers

  Which will he need to earn to maintain the same purchasing

Paul ramos just graduated from college and landed his first "Real" job, which pays $23,000 a year. in ten years, which will he need to earn to maintain the same purchasing power if inflation averages 3.0 percent?

  Computation of yield on treasury bond with given data

Computation of yield on Treasury bond with given data and The market expects that inflation will be 3 percent each year for the next 5 years

  What price must german motors charge for the same model

What price must German Motors charge for the same model on January 29, 2013 to realize the same amount of euro ( ) as it did in 2008. ($0.9150/Euro on 1/20/08 and $0.9950/Euros on 1/29/2013)

  Csh 10400 supplies 3800 and short-term investments 8200

a list of financial statement items for georges company includes the following accounts receivable 14000 prepaid

  What is the incremental profit

The firm has tax loss carryforwards that render its tax rate zero, its cost of equity is 14%, and it uses no debt.

  Describe benefits of a company investing and securities

suggest potential benefits of domestic securities markets to those investing in the foreign securities markets and give a specific example

  What are three potential flaws with the regular payback

what are three potential flaws with the regular payback method? does the discounted payback method correct all three

  How large must each of the 5 payments be

How large must each of the 5 payments be? Round your answer to the nearest cent.

  What must the coupon rate be on these bonds

Ponzi Corporation has bonds on the market with 14.5 years to maturity, a YTM of 7.50 percent, and a current price of $1,061. The bonds make semiannual payments. What must the coupon rate be on these bonds?

  Moe corporation is considering several securities the rate

moe corporation is considering several securities. the rate on treasury bills is currently 8.25 percent and the

  Your success in financial management

After graduating from graduate school you create it big-all because of your success in financial management.

  What was the most recent dividend per share paid

what was the most recent dividend per share paid on the stock? (Do not round intermediate calculations and round your answer to 2 decimal places. (e.g., 32.16)) Dividend paid per share $

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd