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16. You just won the grand prin in a national writing contest As your prize, you will receive $2.000 a month foriemye cam 7 percent
16. You just won the grand prin in a national writing contest As your prize, you will receive $2.000 a month foriemye cam 7 percent on your money, what is this prize worth to you today! A. $1773.252.71 B. 5178,411,00 DS1853 E. $190.450.25 Gerold invested 56,200 in an account that pays Speront simple interest. How much money will he have at the end of ten years? A. 58,710 B. 59,000 C. $9,300 D. 59,678 E. $10,000 he received from today if the discount rate is 11 percent 18. What is the present value of 150.000 A $65.088.97 B$71.147.07 C. 574,141.41 D. 579,806.18 E 583.291.06 19. The Sarbanes-Oxley Act of 2002 is a governmental response to: A. decreasing corporate profits B. the terrorists attacks on 9/11/2001. C a weakening economy. D. deregulation of the stock exchanges E.management greed and abuses. 20. What is the profitability index for an investment with the following cash flow given a 14.5 percent required return! Year Cash Flow -$46,500 $12,200 $38,400 $11,300 A. 0.94 B. 0.98 C.1.02 D. 1.06 E 1.11
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