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Author Question: Current liabilities are defined as past-due debt obligations. Indicate whether the statement is ... (Read 63 times)

drink

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on: Jul 11, 2018
Current liabilities are defined as past-due debt obligations.
 
  Indicate whether the statement is true or false

Question 2

Congratulations You are the proud winner of the multi-state Sour Ball Lottery. You are to receive
  2,000,000 at the end of each year for the next 20 years.
 
  While the Lottery Commission refers to this
  as a 40,000,000 jackpot, if you choose the cash option they will give you much less than that; you
  can receive a lump sum payment today equal to the present value of the ordinary annuity instead
  of the 20 annual payments. If the discount rate that the Lottery Commission uses to determine the
  lump sum payoff is 7, what is your payoff if you select the cash option?
  A) 26,945,332 B) 42,977,401 C) 21,188,028 D) 39,707,503
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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BUTTHOL369

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Reply #1 on: Jul 11, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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drink

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Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

vickybb89

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

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