User Account

All Pages

What is the present value of the stream of payments

Assignment Help Accounting Basics
Reference no: EM132515707

Question - You have just won the Georgia Lottery with a jackpot of $11,000,000. Your winnings will be paid to you in 26 equal annual 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: EM132515707

Questions Cloud

Journalize Barnes Companys transactions on July : On July 28, Barnes Company received a $7,500, 120-day, Journalize Barnes Company's transactions on July 28, October 26, and November 25
What is the purpose of the square of opposition : Explain how the Square of Opposition is used to translate statements into standard-form claims and corresponding standard-form claims including description.
What will your retirement investment : If you believe you will earn an effective annual rate of return of 9.7%, what will your retirement investment be worth 34 years from now
Prepare segmented income statement for gorman nurseries : Gorman Nurseries Inc. grows Prepare Segmented income statement for Gorman Nurseries for the coming year, using variable costing.
What is the present value of the stream of payments : You have just won the Georgia Lottery with a jackpot of $11,000,000. What is the present value of the stream of payments you will receive
Explain your interpretation of the complexity of poverty : Explain your interpretation of the complexity of social class, poverty, and discrimination in terms of the interconnections among race, ethnicity, age, gender.
How much should the firm invest into the 3-year zero-coupon : A corporation just issued a 3-year, 8% coupon bond with the face value of $15,000 today. The bond is priced at par. In the market, there are three different
What impact will accepting order have on marquettes income : What impact will accepting this order have on Marquette's income in March? Should Marquette accept the order from the developer? Why or Why not?
Determine carlas net income : Assuming that Carla's net income is $104,600 in 2017 before reporting any securities gains or losses, determine Carla's net income for 2017

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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