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1. Answer the following numerical questions: [5 points] a. A lottery claims its grand prize is $2 million, payable over 4 years at $500,000 per
1. Answer the following numerical questions: [5 points] a. A lottery claims its grand prize is $2 million, payable over 4 years at $500,000 per year. If the first payment is made four years from now, what is this grand prize really worth today? Use an interest rate of 6%. b. What is the yield to maturity on a simple loan for $3 million that requires a repayment of $5 million in five years' time
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Accounting 101 For Business Coaches How To Find Your High End Coaching Fees Before You Start Working With Your New High End Coaching Client
Authors: Karl Bryan, Peter Lawson
1st Edition
1777684706, 978-1777684709
