User Account

All Pages

What is the present value of cash flows for state lottery

Assignment Help Financial Accounting
Reference no: EM132775885

Problem 1: The state lottery's million-dollar payout provides for $1.5 million to be paid in 25 installments of $60,000 per payment. The first $60,000 payment is made immediately, and the 24 remaining $60,000 payments occur at the end of each of the next 24 years. If 8 percent is the discount rate, what is the present value of this stream of cash flows? If 16 percent is the discount rate, what is the present value of the cash flows?

Reference no: EM132775885

Questions Cloud

Find net realizable value and loss on inventory writedown : P5 per pack for repairing and reapplying glue to the envelopes. The net realizable value and loss on inventory writedown respectively amount to
Calculate the projects payback period : Calculate the projects payback period and discounted payback period at a rate of 14%.
What is present value of investment a at an annual discount : You are given three investment alternatives to analyze. What is the present value of investment A at an annual discount rate of 12 ?percent?
Calculate the monthly payments : Calculate the monthly payments for? him, assuming both loans use the simple interest calculation method.
What is the present value of cash flows for state lottery : The state lottery's million-dollar payout provides for $1.5 million, If 16 percent is the discount rate, what is the present value of the cash flows?
Find cd interest earnings : Antonio would like to replace his golf clubs with a custom measured set. A local sporting goods megastore is advertising custom clubs for ?$660?, including a ne
Calculate the loan payments : Also calculate the loan payments assuming rates of 6.25 percent and 8.25 percent. Compare the total amount spent on the vehicle under each assumption.
Calculate the net present value for big pharmaceuticals ltd : BIG Pharmaceuticals Ltd, Calculate the internal rate of return for the product. Cash flow statement for the product for the next 5 years
Determine how much must deposit in an account today : Determine How much must you deposit in an account today if you want to pay yourself $230 at the end of each of the next 15 years?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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