FIN 534 - You have just won the Strayer Lottery jackpot of $11,000,000

FIN 534 - You have just won the Strayer Lottery jackpot of $11,000,000

Question # 00521967 Posted By: katetutor Updated on: 05/04/2017 12:22 AM Due on: 05/04/2017
Subject Finance Topic Finance Tutorials:
Question
Dot Image

Question:

Directions: Answer the following questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link above.

A. You have just won the Strayer Lottery jackpot of $11,000,000. You will be paid in 26 equal annual installments beginning immediately. If you had the money now, you could invest it in an account with a quoted annual interest rate of 9% with monthly compounding of interest. What is the present value of the payments you will receive?

B. In your own words and using various bond websites, please locate one of each of the following bond ratings: AAA, BBB, CCC, and 

D. Please describe the differences between the bond ratings. Identify the strengths and weaknesses of each rating.

Dot Image
Report this Question as Inappropriate
Tutorials for this Question
  1. katetutor
    Tutorial # 00518932 Posted By: katetutor Posted on: 05/04/2017 12:22 AM
    Puchased By: 4
    Tutorial Preview
    The solution of FIN 534 - You have just won the Strayer Lottery jackpot of $11,000,000...
      Get the Solution
    Attachments
    docx_(87).docx (14.99 KB)
    Recent Feedback
    Rated By Feedback Comments Rated On
    d...her Rating Services are reliable and fast 11/26/2017
    ni...h03 Rating Great in-depth tutorials 08/29/2017
  Get the Solution

Great! We have found the solution of this question!

Related Questions and Answers

Whatsapp Lisa