A lottery winner can take $6million now or be paid $600,000 at the end of each year for the next 16 years. The winner calculates the internal rate of return of taking the money at the end of each year, and estimating that the discount rate across this period will be 5%, decides to take the money at the end of each year. Was her decision correct

Question

05-04-2021
Business

Answered

Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

A lottery winner can take $6million now or be paid $600,000 at the end of each year for the next 16 years. The winner calculates the internal rate of return of taking the money at the end of each year, and estimating that the discount rate across this period will be 5%, decides to take the money at the end of each year. Was her decision correct

Sagot :

Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.

In Stanley Schachter and Jerome Singer's classic experiment, participants were injected with epinephrine and either informed or not informed about the drug's ef

the pulmonary arteries have light violet blood why?

Complete this sentence with the correct form of avior Mes amis______ envie de voyager

Which title described George Washington at the time of the French and Indian War? A) General Washington B) President Washington C) Captain Washington D

ly and the Family Stone, not only introduced "slap bass" playing to Funk music, but also created their own version of love ballads that relied heavily on the ov

eleven less than five times a number is twenty four?

You work in a museum that has a huge, beautiful, stained-glass window Each panel tints the light a different color. Recently a new exhibit showcasing plants fro

The angle of elevation to the top of the school is 37° from where you are standing 11.2 m from the wall of the school. Find the height of the school.

(a) How do people enjoy more authority in federalism than in unitary form government?

PLS TRANSLATE THIS IN SINDHIAbd Allah (or Abdullah) was born on Sunday night, 5th Safar, 1044 AH (1634 CE) in al-Subayr, a village on the outskirts of Tarim in