What is present value of the stream of payments

Assignment Help Financial Management

Reference no: EM131348065

You have just won lottery of 11,000,000.your winnings will be paid to you in 26 equal installments with the first payment made immediately . if you had the money now you could invest it in an account with a quoted annual interest rate of 9% with monthly compounding of interest. what is the present value of the stream of payments you will receive ?

Reference no: EM131348065

Questions Cloud

Determine cooling temperature and coefficient of performance : Determine the cooling temperature and the coefficient of performance of an isenthalpic expansion cooler that expands air from 1500. psia, 70.0°F to 14.7 psia.

Explaining the state election and campaign process : Using the state in which you live (I live in AZ) (or another state of your choice), create a PowerPoint presentation explaining the state election and campaign process, party politics, and legislative organization and procedure. Your presentation ..

How do you measure mobility and carrier concentration : How do you measure mobility and carrier concentration?

Identify the organizations core competencies : MGT/521- Identify the organization's core competencies. Examine the organization's core competencies based on established definitions. Include a rationale for the selection of these core competencies.

What is present value of the stream of payments : You have just won lottery of 11,000,000.your winnings will be paid to you in 26 equal installments with the first payment made immediately . if you had the money now you could invest it in an account with a quoted annual interest rate of 9% with mont..

Determine outlet temperature and coefficient of performance : Determine the outlet temperature and the coefficient of performance of an expansion air conditioning system operating under these conditions when the compressor isentropic efficiency is 80.0%.

Affects interest rates and aggregate demand : Create a 6-8-slide Microsoft® PowerPoint® presentation that will be presented to Walmart's Executive Committee. The presentation should cover the following items: Explain how monetary policy affects interest rates and aggregate demand.

Pretax or aftertax cost of debt : Jiminy's Cricket Farm issued a 30-year, 10.6 percent semiannual bond 6 years ago. The bond currently sells for 85 percent of its face value. The company’s tax rate is 38 percent. What is the pretax cost of debt? Which is more relevant, the pretax or..

How college students should be able to graduate : BADM 3113- Topic is how college students should be able to graduate with little to no debt? You are being tasked with writing and presenting a persuasive argument.

User Account

All Pages