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Size of the megamillions or powerball lottery jackpot

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There are many times in public discussion that financial projections and forecasts are presented. For example, in the very recent news there have been stories about the value of basketball player free agent contracts, the amount of savings coming from the budget negotiations, tax cuts, and the size of the MegaMillions or Powerball lottery jackpot.

However, many times the discussion ignores or misapplies the lessons taught by the Time Value of Money ideas in Finance. In this portion of the assignment, you will identify media articles that include Time Value of Money discussion and critique these articles.

Could you please perform a search for current (within the last five years) news stories with a public or private Finance orientation? Potential Sources include: Wall Street Journal, Economist, New York Times, local newspaper, Forbes, Fortune, Business week etc.

The story should include the phrase "present value," "discounted value" or simply makes a statement about multi-year expenditures, savings, or income.

Reference no: EM132487860

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