Time value and discount rates Pesona Finance Problem You xust won a lottory that comes to pay you 51.900.000 exactly 15 years trom tow Acterponymouches you today, among cashine What is the last you will still you com focif you cho be the following rates of olumn on sale rivestitints the 15-year period (157 12) 11 (315% b. Rewors, arta under the sumption that the $1.300.000 payment will be moved in 2015 years c. On the basis of your indings in parts and body the size of the four and to ime until cost of payment of the present of Click the icon to see the World Solution Formula solution) Click the icon to see the worked solution Financial Calculator Solution Click the icon to see the worked Solution Spreadsheet Solution - The best you will all your cian to it you can earn a rate of return als dures the 15 year period onto the rest ce Problem you just won a lottery that promises to pay you $1.300.000 exactly 15 years from today. Acompany approaches you today, Maring cash in exchonor for your writing lotoy siche yox can earn the following rates of return on similar-risk investments during the 15 year penod? $1,300,000 payment will be received in 20 rather than 15 years discuss the elect of both the size of the rate of room and the time until cool of payment on the prosent value of a futuni sum ution Formula Solution) Slution (Financial Calculator Solution) olution (Spreadsheet Solution) you can earn a rate of return of Ps during the 15 year period is (Round to the nearest cent) Clear all Coral Time value and discount rates present France Protein You Int won a boty na trone to pay you 1.300.000 exacty 15 years tonton Acompany accroate you today afterno che noncharge, Not yea . With the least you will sell your claim for you can can the ongesot turn on os estos cung ne 15 year pero (1) 2) 115 h. Rework part in the suction that the 1.300.000 payment will be received in 2015 yows conte bass of your indings in parts and discuss the of both the sure of the return and then receptorpot present of O click the icon to see the Wacked Solution Fermula solutions Click the icon to see the World Solution Financial Calculator Solutions, Click the icon to see the Worked Solution Spreadsheet Solution a. ) The best you sell your clam fore you can conta vain resum of 7s uno de 15 pour period in Roond de tenewit.com) Clear Help me solve this View an example Get more help Mints: 0 of 1 Review es Personal Finance Problem You just won a cel your claim for if you can earn the following ra bay, offering cash exchange for your winnung kotory low VOIROU QUILOITTOTIUIO JUILLET assumption that to $1 300,000 payment will be as in parts a and b.descuss the offect of both the (1) The present in PV of some future amount FV, to be received periods from now, assuming an interest rate for opportunity coshoris calculated as follows FV PV 11. Substuting FV, 51,300,000,007 and 15 into the presenta equation yields $1,300.000 PV -5471.17083 pe the Worked solution (Formula Solution be the Worked solution Financial Calculator 5 n the Worked solution (Spreadsheet Solution (1+0 07:15 all your car for if you can com a tal ortam of Thus, if you can car 7 rate of totam on smarkinvestments during the 15 year period, the last you will sell your confor R5171,170 63 (2) it you can ea rate of return of 11 during the 15-year period the you will sell your claim foris computed as $1 300.000 PV 97170565 (1.011, Lun. 15th 15 and the (3) 15% b. Rework pluta under the assumption that the 51,300,000 payment will be received in 20 rather than 15 years c. On the basis of your findings in parts and b, discuss the effect of both the size of the rate of return and the lime until receipt of payment on the presentate of totum Click the icon to see the Worked Solution (Formula Solution). Click the icon to see the Worked Solution (Financial Calculator Solution) Click the icon to see the Worked Solution (Spreadsheet Solution). 2. (1) The last you will sell your claim for if you can earn a rate of return of 7% during the 15 year period is $(Round to the nearest cont) s
