Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Assume that you just won $35 million in the Florida lottery, and hence the state will pay you 20 annual payments of 1.175 miillion wache beginning immediately. If the rate of return on securities of similar risk to the lottery earnings(e.g. the rate on 20 year U.S. Treasury bonds) os 6 percent , what is the present value of your earnings?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M938802

Have any Question? 


Related Questions in Basic Finance

The ok railroad needs to raise 95 million for capital

the O.K. Railroad needs to raise $9.5 million for capital improvements. One possibility is a new preferred stock issue - 8 percent dividend, $100 par value - stock that would yield 9 percent to investors. Flotation costs ...

The following table lists three financial instruments and

The following table lists three financial instruments and their deltas, gammas, and vegas for each $1 million notional principal under the assumption of a long position. (Long in a swap or FRA means to pay fixed and rece ...

John just received a settlement in a lawsuit that promises

John just received a settlement in a lawsuit that promises $270 in 7 years. The lawsuit will also pay him a second amount of $490 that will be received in 12 years. John, being profligate, wants instead to spend the sett ...

How can a firm in need of short-term financing decide

How can a firm in need of short-term financing decide whether or not to take a cash discount offered by its supplier? How would this decision change in the event the firm has no alternative source of short-term financing ...

Write a 600 -word paper in your paper include the

Write a 600 -word paper. In your paper include the following: Explain the capital structure of Ford Motors Company. Do they rely more heavily on debt or equity? What are their structure weights (%'s)? How does this struc ...

Please put the answer in a word document or excel

Please put the answer in a word document or excel spreadsheet. Thank you - see attached file first.  Calculate the expected return and standard deviation of for single stocks and portfolio You have estimated the followin ...

Why did the sovereign debt problem of greece- a country

Why did the sovereign debt problem of Greece- a country that accounts for less than 2 percent of euro-area GDP - threaten the banking system throughout the euro area?

Go to wwwbankratecomcheckingaspx and answer the following

Go to www.bankrate.com/checking.aspx and answer the following questions: a. What bank in what city, nationally, will give you the highest rate on an MMA? b. What bank in what city, locally, will give you the highest rate ...

1 what are the three primary ways in which scientists share

1. What are the three primary ways in which scientists share their work with the scientific community? 2. Why is peer review so important to science?

1 why are planning and forecasting a global work force so

1. Why are planning and forecasting a global work force so difficult? 2. Why are so many countries bothered by their "brain drain"? 3. If you are given the opportunity in your next job to go on an extended foreign assign ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro