This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Your pension plan has two alternative payout methods. The first is a lump sum of 300,000 on your ... (Read 45 times)

cherise1989

  • Hero Member
  • *****
  • Posts: 555
on: Jul 10, 2018
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
Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

C


cherise1989

  • Member
  • Posts: 555
Reply 2 on: Jul 10, 2018
Wow, this really help

tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Three chromatographic methods used in protein purification Three chromatographic methods used in protein purification
Research Methods: Advantages and Limitations Research Methods: Advantages and Limitations
Alternative for pass-point test Alternative for pass-point test
Birth Control Methods and Abortion Birth Control Methods and Abortion
Research Methods Research Methods
Soybean plants in nitrogen-poor soil show how root nodules affect growth. Only the darker green plan Soybean plants in nitrogen-poor soil show how root nodules affect growth. Only the darker green plan
Video: Kinetic parameters & Kinetic experiment

For a complete list of videos, visit our video library