You are the proud winner of the multistate Sour Ball Lottery. You're to receive $2,000,000 at the end of each year for the next 20 years. While the Lottery Commission refers to this as a $40,000,000 jackpot, if you choose the "cash option" they will give you much less than that; you can receive a lump sum payment today equal to the present value of the ordinary annuity instead of the 20 annual payments. If the discount rate that the Lottery Commission uses to determine the lump sum payoff is 7%, what is your pay-off if you select the cash option?
Answers: 3
Business, 22.06.2019 20:00
Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.
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Business, 23.06.2019 07:00
Look at this section of the 1040ez form. will this individual receive a refund? yes no
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Business, 23.06.2019 15:10
Bramble corporation is a small wholesaler of gourmet food products. data regarding the store's operations follow:
Answers: 2
Business, 23.06.2019 19:10
Suppose you own a bicycle but haven't found the time to ride it much lately. these days, it is only worth $25 to you. one of your close friends, who recently got a job at the college bookstore two miles down the road, wants to take it off your hands. he offers you $70 for the bicycle, and you gladly accept. your friend is also happy because he thinks the bicycle is worth $95 . how much total value was created from this trade? $
Answers: 3
You are the proud winner of the multistate Sour Ball Lottery. You're to receive $2,000,000 at the en...
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