Question
In: Finance
The state lottery's million-dollar payout provides for $1 million(s) to be paid over 19 years in...
The state lottery's million-dollar payout provides for $1 million(s) to be paid over 19 years in 20 payments of $ 50,000. The first $ 50,000 payment is made immediately, and the 19 remaining $ 50,000 payments occur at the end of each of the next 19 years. If 10 percent is the appropriate discount rate, what is the present value of this stream of cash flows? If 20 percent is the appropriate discount rate, what is the present value of the cash flows? a. If 10 percent is the appropriate discount rate, what is the present value of this stream of cash flows?
Solutions
jeff jeffy answered 1 year agoRelated Solutions
The state lottery's million-dollar payout provides for $1 million(s) to be paid over 24 years in...
The state lottery's million-dollar payout provides for $1
million(s) to be paid over 24 years in 25 payments of $40,000. The
first $40,000 payment is made immediately, and the 24 remaining
$40,000 payments occur at the end of each of the next 24 years. If
9 percent is the appropriate discount rate, what is the present
value of this stream of cash flows? If 18 percent is the
appropriate discount rate, what is the present value of the cash
flows?
The state lottery's million-dollar payout provides for $11 million to be paid in 20 installments of...
The state lottery's million-dollar payout provides for $11
million to be paid in 20 installments of 50,000 per payment. The
first 50,000 payment is made immediately, and the
19 remaining 50,000 payments occur at the end of each of the
next 19 years. If 7 percent is the discount rate, what is the
present value of this stream of cash flows? If
14 percent is the discount rate, what is the present value of
the cash flows?
a. If 7...
The state lottery's million-dollar payout provides for $1.4 million to be paid in 25 installments of...
The state lottery's million-dollar payout provides for $1.4
million to be paid in 25 installments of $56,000 per payment. The
first $56,000 payment is made immediately, and the 24 remaining
$56,000 payments occur at the end of each of the next 24
years.
If 6 percent is the discount rate, what is the present value of
this stream of cash flows?
If 12 percent is the discount rate, what is the present value
of the cash flows?
a.The state lottery's million-dollar payout provides for $1.2 million to be paid in 20 installments of...
a.The state lottery's million-dollar payout provides for $1.2
million to be paid in 20 installments of $60,000 per payment.The
first $60,000 payment is made immediately, and the 19 remaining
$60,000 payments occur at the end of each of the next 19 years. If
11 percent is the discount rate, what is the present value of this
stream of cash flows? If 22 percent is the discount rate, what is
the present value of the cash flows? if percent is the...
(Present value of annuity payments) The state lottery's million-dollar payout provides for $1.31.3 million to be...
(Present value of annuity payments) The state lottery's
million-dollar payout provides for
$1.31.3
million to be paid in
2525
installments of
$52 comma 00052,000
per payment. The first
$52 comma 00052,000
payment is made immediately, and the
2424
remaining
$52 comma 00052,000
payments occur at the end of each of the next
2424
years. If
99
percent is the discount rate, what is the present value of this
stream of cash flows? If
1818
percent is the discount rate, what...
(Related to Checkpoint 6.2) (Present value of annuity payments) The state lottery's million-dollar payout provides for...
(Related to Checkpoint 6.2) (Present value of annuity
payments) The state lottery's million-dollar payout provides
for
$1.3
million to be paid in
25
installments of
$52,000
per payment. The first
$52,000
payment is made immediately, and the
24
remaining
$52,000
payments occur at the end of each of the next
24
years. If
8
percent is the discount rate, what is the present value of this
stream of cash flows? If
16
percent is the discount rate, what is the...
the states lottery million-dollar payout provides for $1.3 million to be paid in 20 i stallments...
the
states lottery million-dollar payout provides for $1.3 million to
be paid in 20 i stallments of $65,000 per payment. The first
$65,000 payment is made immediately, and the 19 remaining $65,000
payments occur at the end of each of the next 19 years. If 6
percent is the discount rate, what is the present value of this
stream of cash flows? If 12 percent is the discount rate, what is
the present value of the cash flows?
state lottery payout provides 1.4 million to be paid in 25 installments of 56,000 per payment....
state lottery payout provides 1.4 million to be paid
in 25 installments of 56,000 per payment. the first 56,000 payment
is immediate and the remaining 24 payments of 56,000 each will
occur at the end of the next 24 years. if 7% is the discount rate,
what is the present value of this stream of cash flows?
if 14% is the discount rate, what is the present value of the cash
flow?
a. if 7% is the discount rate, the...
You just won the 1 million dollar lottery! However the state will be paying it out...
You just won the 1 million dollar lottery! However the state
will be paying it out to you in 20 annual $50,000 payments. If the
inflation rate averages 4% over that time period how much would be
the present value if you could receive an equivalent amount up
front in a lump sum.
On January 1, you win $56,250,000 in the state lottery. The $56,250,000 prize will be paid in equal installments of $6,250,000 over nine years.
Present value of an annuityOn January 1, you win $56,250,000 in the state lottery. The
$56,250,000 prize will be paid in equal installments of $6,250,000
over nine years. The payments will be made on December 31 of each
year, beginning on December 31 of this year. The current interest
rate is 6.5%.Determine the present value of your winnings. Round your answer
to the nearest dollar.$ _________
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Read at least 2 academically reviewed articles and Write an annotated bibliography paper on Master Budgeting
- Why normalization and referential integrity are important principles when designing relational databases?
- Respond to the following in a minimum of 175 words: Discuss what elements should be present...
- 1) The 3rd bright fringe of a double slit interference pattern is 30.0 cm above the...
- A solar cell generates a potential difference of 0.320 V when a 445.0 ? resistor is...
- A ceiling fan consists of a small cylindrical disk with 5 thin rods coming from the...
- You measure the following quantities as A = 1.0 m ± 0.2 m, B = 2.0...
ADVERTISEMENT