This topic contains a solution. Click here to go to the answer

Author Question: Your pension plan has two alternative payout methods. The first is a lump sum of 300,000 on your ... (Read 73 times)

cherise1989

  • Hero Member
  • *****
  • Posts: 555
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dlook33

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

A

Answer to Question 2

C




cherise1989

  • Member
  • Posts: 555
Reply 2 on: Jul 10, 2018
Excellent


Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

For a complete list of videos, visit our video library