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

Author Question: If an individual wins a multimillion dollar lottery and chooses to receive annual payments equaling ... (Read 51 times)

bb

  • Hero Member
  • *****
  • Posts: 544
If an individual wins a multimillion dollar lottery and chooses to receive annual payments equaling the total prize, this person has a
 
  A) relatively low discount rate.
  B) relatively high discount rate.
  C) discount rate of zero.
  D) It is impossible to tell.

Question 2

Suppose a person has a discount rate of zero. This implies she
 
  A) places no value on the future.
  B) places no value on the present.
  C) values the present and the future equally.
  D) would not lend money at any positive interest rate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akudia

  • Sr. Member
  • ****
  • Posts: 347
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.
Answer Preview
Only 56% of students answer this correctly





 

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

For a complete list of videos, visit our video library