Homework Answers
Que-1 Present value of receiving 4,100,000 now is 4,100,000, no discounting is needed, thus the answer is d)
Que-2 Rate of interest:-
=RATE(nper,pmt,pv,fv)
=RATE(10,,-12043.06,26000)
=8%
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Current Attempt in Progress x Your answer is incorrect. Suppose you have a winning lottery...
help with explanations please 6. Suppose that you have a winning lottery ticket for $100,000. The...
help
with explanations please
6. Suppose that you have a winning lottery ticket for $100,000. The State of California doesn't pay this amount up front this is the amount you will receive over time. The State offers you two options. The first pays you $80,000 up front and that will be the entire amount. The second pays you winnings over a three year period. The last option pays you a large payment today with small payments in the future. The...
4. The state lottery claims that its grand prize is $1 million. The lucky winner will...
4. The state lottery claims that its grand prize is $1 million. The lucky winner will receive $100,000 upon presentation of the winning ticket plus $100,000 at the end of each year for the next 9 years. Assume a 8% discount rate. a-Why isn't this really a million-dollar prize? b. What would it actually be worth in dollars to you? c. What would the 10 yearly payments need to be for the present value of the lottery to be $1...
Current Attempt in Progress * Your answer is incorrect. Blossomrecently invested in a project with a...
Current Attempt in Progress * Your answer is incorrect. Blossomrecently invested in a project with a 3-year life span. The net present value was $10400 and annual cash inflows were $35000 for year 1: $37000 for year 2: and $39000 for year 3. The initial investment for the project, assuming a 15% required rate of return, was Present Value Year of 1 at 15% 0.870 0.756 0.658 PV of an Annuity of 1 at 15% 0.870 1.626 2.283 O $69746....
4. The state lottery claims that its grand prize is $1 million. The lucky winner will...
4. The state lottery claims that its grand prize is $1 million. The lucky winner will receive $100,000 upon presentation of the winning ticket plus $100,000 at the end of each year for the next 9 years. Assume a 10% discount rate. a-Why isn't this really a million-dollar prize? (5 Points) b-What would it actually be worth in dollars to you? (5 Points) C-What would the 10 yearly payments need to be for the present value of the lottery to...
Question 8 View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect....
Question 8 View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect. The accounting for bonds payable is: not covered by IFRS the same except that market prices may be different because the present value calculations are different between IFRS and GAAP. o differs in that GAAP requires use of the straight-line method for amortization of bond premium and discount. essentially the same under IFRS and GAAP.
The $1.6 Billion Mega-millions winning lottery ticket is based upon the total amount of cash received...
The $1.6 Billion Mega-millions winning lottery ticket is based upon the total amount of cash received if the annuity option is taken. The cash prize is $913,700,000 which you get immediately. The annuity option starts with a $ 24,082,300. payment now and then annual payments that are each 5% higher than the last payment for a total of 30 payments. Let’s complicate this further and model Federal (24%) and CT State taxes (7%) which take away from your earnings. a....
You have just won the lottery. You and your heirs will receive $25,000 per year forever...
You have just won the lottery. You and your heirs will receive $25,000 per year forever beginning three years from now. What is the present value of this lottery given an 8% discount rate? O $245,436 ( $253,776 $267,918 $276,765 $288,911
You just won the lottery! You can elect to receive your prize in one of four...
You just won the lottery! You can elect to receive your prize in one of four ways: a) $1,000,000 now b) $1,400,000 at the end of five years e) $75,000 per year in perpetuity, with payments made at the end of each year (so your first payment comes one year from today) d) $150,000 per year for the next ten years, with payments made at the end of each year (so your first payment comes one year from today) Suppose...
Question 2 View Policies Show Attempt History Current Attempt in Progress . Your answer is incorrect....
Question 2 View Policies Show Attempt History Current Attempt in Progress . Your answer is incorrect. Kaehler Enterprises earns 11% on an investment that pays back $85,000 at the end of each of the next 7 years. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Kaehler Enterprises invested to earn the 11% rate of return? (Round answer to 2 decimal places, e.g. 25.25.)...
Which lottery payout scheme is better? Suppose you win a small lottery and have the choice of two ways to be paid: You c...
Which lottery payout scheme is better? Suppose you win a small lottery and have the choice of two ways to be paid: You can accept the money in a lump sum or in a series of payments over time. If you pick the lump sum, you get $2,850 today. If you pick payments over time, you get three payments: $1,000 today, $1,000 1 year from today, and $1,000 2 years from today. At an interest rate of 9% per year,...
help
with explanations please
6. Suppose that you have a winning lottery ticket for $100,000. The State of California doesn't pay this amount up front this is the amount you will receive over time. The State offers you two options. The first pays you $80,000 up front and that will be the entire amount. The second pays you winnings over a three year period. The last option pays you a large payment today with small payments in the future. The...
Current Attempt in Progress * Your answer is incorrect. Blossomrecently invested in a project with a 3-year life span. The net present value was $10400 and annual cash inflows were $35000 for year 1: $37000 for year 2: and $39000 for year 3. The initial investment for the project, assuming a 15% required rate of return, was Present Value Year of 1 at 15% 0.870 0.756 0.658 PV of an Annuity of 1 at 15% 0.870 1.626 2.283 O $69746....
4. The state lottery claims that its grand prize is $1 million. The lucky winner will receive $100,000 upon presentation of the winning ticket plus $100,000 at the end of each year for the next 9 years. Assume a 10% discount rate. a-Why isn't this really a million-dollar prize? (5 Points) b-What would it actually be worth in dollars to you? (5 Points) C-What would the 10 yearly payments need to be for the present value of the lottery to...
Question 8 View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect. The accounting for bonds payable is: not covered by IFRS the same except that market prices may be different because the present value calculations are different between IFRS and GAAP. o differs in that GAAP requires use of the straight-line method for amortization of bond premium and discount. essentially the same under IFRS and GAAP.
You have just won the lottery. You and your heirs will receive $25,000 per year forever beginning three years from now. What is the present value of this lottery given an 8% discount rate? O $245,436 ( $253,776 $267,918 $276,765 $288,911
You just won the lottery! You can elect to receive your prize in one of four ways: a) $1,000,000 now b) $1,400,000 at the end of five years e) $75,000 per year in perpetuity, with payments made at the end of each year (so your first payment comes one year from today) d) $150,000 per year for the next ten years, with payments made at the end of each year (so your first payment comes one year from today) Suppose...
Question 2 View Policies Show Attempt History Current Attempt in Progress . Your answer is incorrect. Kaehler Enterprises earns 11% on an investment that pays back $85,000 at the end of each of the next 7 years. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Kaehler Enterprises invested to earn the 11% rate of return? (Round answer to 2 decimal places, e.g. 25.25.)...
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