Willis has won the 4,700,000 state lottery and intends to save all of the money for his retirement.
He chooses to receive an annual cash flow of 235,000 for twenty years, with the first payment to be received one year from today. How much money will be in his retirement account in twenty years if he can reinvest his money at an annual rate of 6.75?
A) 9,374,989
B) 17,356,235
C) 10,007,801
D) 4,700,000
Question 2
Humongous Corporation is a multidivisional conglomerate. The Food Division is undergoing a
capital budgeting analysis and must estimate the division's beta.
This division has a different level
of systematic risk than is typical for Humongous Corporation as a whole. The most appropriate
method for estimating this beta is
A) the regression coefficient from a time series regression of Humongous Corporation stock
returns on a market index.
B) the regression coefficient from a time series regression of Food Division's return on assets on a
market index.
C) to multiply the company's beta by the ratio of the Food Division's total assets/Humongous
Corporation total assets.
D) the regression coefficient from a time series regression of Food Division's net income on the
Humongous Corporation's return on assets.
Events of the absorptive state.
Events of the postabsorptive state.
Christo, Over the River, Project for the Arkansas River, State of Colorado.
State the transformations on the function f(x)= 4sin(x-pi)-2 and then graph two cycles below.
Fraction of obese individuals by state in 1998 and 2008. In 1998, 42 states had obesity rates below
Conversion of F+ to an Hfr state occurs by integration of the F factor