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 85 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
Great answer, keep it coming :)


Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

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?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

For a complete list of videos, visit our video library