Question
You have just won a lottery that promises an annual payment of $120000 beginning immediately. You will receive a total of 15 payments. If you
You have just won a lottery that promises an annual payment of $120000 beginning immediately. You will receive a total of 15 payments. If you can invest the cash flow in an investment that is paying 8% annually, what is the present value of this annuity? (2 Marks)
.please I want new answer no handwritten or typewritten
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A Guide To Starting Your Hedge Fund
Authors: John Thompson, Erik Serrano Berntsen
1st Edition
0470519401, 978-0470519400
