Question
You are planning to buy a lottery ticket for the $226,000,000 jackpot. If you have (Option A). the cash option of receiving $154,300,000 today or
You are planning to buy a lottery ticket for the $226,000,000 jackpot. If you have (Option A). the cash option of receiving $154,300,000 today or you can opt to choose (Option B). the 30 payments of $7,533,333.
If, average inflation rate is 3%, what is the present value of OPTION B (cash flow option)? (Please use two decimals).
Answer:
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Options Trading For Beginners How To Generate Predictable Income And Make A Living Without Taking Big Risks Even If You Re A Complete Beginner
Authors: Greg Middleton
1st Edition
979-8866955046
