User Account

All Pages

How much is the prize really worth

Assignment Help Macroeconomics
Reference no: EM13323852

You win a lottery with a prize of $1.5 million. Unfortunately, the prize is paid in 10 annual installments. The first payment is next year. How much is the prize really worth? The discount rate is 8%.

Reference no: EM13323852

Questions Cloud

Explain ei mass spectrum- two molecular ions : Provide a structure for the following compound: EI mass spectrum: two molecular ions of about equal intensity at m/z = 180 and 182; IR: 1740 cm-1; 1H NMR: 1.30 (3H, t J = 7 Hz); ? 1.80 (3H, d, J = 7 Hz); ? 4.23 (2H, q, J = 7 Hz); ? 4.37 (1H, q, J ..
What are the possibilities for fulfilment : What are the possibilities for fulfilment? Please make sure you give examples of all of your teams proposals. Don't forget that these can be products (like hats, t-shirts, coffee mugs) as well as services (conferencing, computer time).
Present the company''s vision and mission and comment : AS a strategic analyst .choose a company
Would you estimate for kcp : Corporation has an enterprise value to EBITDA multiple of 7.99 and a P/E multiple of 17.12. What share price would you estimate for KCP using each of these multiples based on the data for KCP?
How much is the prize really worth : You win a lottery with a prize of $1.5 million. Unfortunately, the prize is paid in 10 annual installments. The first payment is next year. How much is the prize really worth? The discount rate is 8%.
Where does this event occur in the train frame : Imagine that we define the rear end of a train 120 m long to long to define the origin X'=0 in the train frame and we define a certain track signal light to define the origin X=0 in the track frame. Where does this event occur in the train frame
Economists often stress that congestion helps account for : Economists often stress that congestion helps account for the law of the diminishing returns.With this in mind, list and explain related increasing costs caused by traffic jam in Ho Chi Minh City, Vietnam
Explain convert the copper(ii) hydroxide to copper(ii) oxide : Not enough sodium hydroxide was added, so the solution was still acidic when the beaker was heated to convert the copper(II) hydroxide to copper(II) oxide.
What is the current price of this preferred stock : The First Bank of Ellicott City has issued perpetual preferred stock with a $100 par value. The bank pays a quarterly dividend of $1.65 on this stock. What is the current price of this preferred stock given a required rate of return of 12.5 percen..

Reviews

Write a Review

Macroeconomics Questions & Answers

  What effective annual interest rate do they pay

A bank advertises it pays 7% annual interest, compounded daily, on savings accounts, provided the money is left in the account for 4 years. What effective annual interest rate do they pay?

  How to respond to a customer complaint

Write a letter that is no longer than 2 pages that responds to a customer complaint. You can either imagine that your company has received a complaint from a customer or client about a product, policy, or service, or you can work from a real life ..

  What does sandle corporation report on its tax returns

Sandle Corporation, an accrual-basis, calendar-year taxpayer, sold $15,000 of its products on account to Jim in November, year 1. In year 2, Jim declares bankruptcy and Sandle writes off the account as a bad debt.

  How much does the farmers revenue change

The farmer initially grows 1,057 acres of wheat and 0 acres of corn. Suppose the price of corn increases by $102 per acre harvested and how much does the farmer's revenue change by if she continues to grow wheat even after the price of corn increas..

  Assume if you scale up every price and nominal income

Assume if you scale up every price and nominal income in the same positive proportion Elucidate why this is true.

  Elucidate what would the elasticity of supply

Elucidate what would the elasticity of supply have to be for a food stamp program to increase the availability of food to the poor with no prices increase.

  Describe how dicisions on the number of chickens to be raise

Raising chickens requires several types of feed, such as corn and soy meal. Consider a farm in the former Soviet Union. Try to describe how dicisions on the number of chickens to be raised, and the amount of each feed to use in raising them, were ..

  Calculation of expected utility-maximum amount of insurance

Ms. Fogg is planning a trip where she plans to spend $10,000-What is the maximum amount that Ms. Fogg is willing to pay to insure the $1,000?

  Concept of supply and demand with graphical analysis

Using a supply and demand graph, make one shift of wither the supply or demand curve to illustrate the likely result of this action.

  What circumstances might this theory be incorrect

The quantity theory of money states that changes in the money supply have predictable effects on the price level, or, in other words, that money growth determines inflation in the long run. Under what circumstances might this theory be incorrect? Bri..

  Determine the discount rate employ for pricing bond a

The bonds are identical in every way (e.g. they have the same coupon payment, maturity data, etc.), except that A is "riskier" than B - i.e. you think the probability of full payment of principal and interest is lower for A than it is for B.

  Practice question for the sherman act

This post denotes a practice question for the Sherman Act.

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