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Author Question: Your pension plan has two alternative payout methods. The first is a lump sum of 300,000 on your ... (Read 67 times)

cherise1989

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on: Jul 10, 2018
Your pension plan has two alternative payout methods. The first is a lump sum of 300,000 on your 65th birthday. The second is ordinary annuity with the first payment on your 66th birthday and the last payment on your 85th birthday.
 
  If the interest rate is 10.5, then what size annuity payment would equate the value of the two alternatives?
  A) 36,447.98
  B) 35,911.96
  C) 37,059.21
  D) 35,237.89
  E) 34,687.32

Question 2

In addition to those risks faced by domestic corporations, multinational corporations face
 
  A) political risk.
  B) exchange risk.
  C) Both A and B are correct.
  D) All domestic and multinational corporations face similar risk profiles.


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dlook33

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Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

C


cherise1989

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Reply 2 on: Jul 10, 2018
Great answer, keep it coming :)

Animal_Goddess

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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