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Author Question: Assume that you won the Lotta Dough Lotto jackpot for 20 million. Further assume that you were ... (Read 78 times)

tatyanajohnson

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on: Jul 11, 2018
Assume that you won the Lotta Dough Lotto jackpot for 20 million. Further assume that you were
  offered a choice to receive the 20 million today, or receive it in equal installments of 1 million per
  year for 20 years.
 
  According to one of the principles of finance, which would you take?
  A) the 20 million in equal installments of 1 million per year for 20 years because it would be
  worth more than if you would receive it today
  B) the 20 million today because it would be worth more than if you would receive it in equal
  installments of 1 million per year for 20 years
  C) You would be indifferent as to when you would receive the 20 million since the total number
  of dollars received is the same either way.
  D) the 20 million in equal installments of 1 million per year for 20 years because you would be
  afraid of spending it all right away

Question 2

Which of the following statements about unsatisfied judgment funds is (are) true?
 
  I. An accident victim must obtain a judgment against the motorist who caused an accident and must show the judgment cannot be collected.
  II. The major disadvantage is that the negligent uninsured motorist is relieved of legal liability.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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mjbamaung

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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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tatyanajohnson

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Reply #2 on: Jul 11, 2018
Correct answers!


mjbamaung

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Reply #3 on: Jul 11, 2018
Great! Please up vote :D


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