Business
Business, 30.11.2019 02:31, jarvinmcgillp3dhni

According to a news item, the owner of a lottery ticket paying $3 million over 20 years is offering to sell the ticket for $1.2 million cash now. "who knows? " the ticket owner explained. "we might not even be here in 20 years, and i do not want to leave it to the dinosaurs." suppose the ticket pays $150,000 per year at the end of each year for the next 20 years, and the appropriate rate for discounting the future income is thought to be 15% the present value of the ticket is approximately true or false: if the discount rate is in the 15% range, the sale price of $948,289 is reasonable (within 10% of the present value of the ticket). true false

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 11:40, taylor825066
Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x, y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.
Answers: 3
image
Business, 22.06.2019 15:00, AldecuaF10
Beagle autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, beagle's executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should beagle pursue?
Answers: 1
image
Business, 22.06.2019 21:40, QueenNerdy889
Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery
Answers: 1
image
Business, 23.06.2019 00:30, Lindy1862
Greentel, a telecom giant, has been using the service of orpheus inc. for training its employees. according to a deal signed by the two companies, orpheus inc. is not only responsible for training greentel's employees but also for providing comprehensive administrative services to the telecom giant. in this instance, greentel engages in
Answers: 1
Do you know the correct answer?
According to a news item, the owner of a lottery ticket paying $3 million over 20 years is offering...

Questions in other subjects: