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You just won the grand prize in the Super Pokemon Lotto and won 1 2 million pokecoins! ( Current foreign exchange rate is 1 pokecoin
You just won the grand prize in the Super Pokemon Lotto and won million pokecoins! Current foreign exchange rate is pokecoin US dollar You will get paid pokecoins per month for the next years months, get it
But you're a bit uneasy what if Pokemon isn't even around years from now and they go bust, then maybe your future payments are at risk so you want to ask for a upfront lump sum amount instead of the monthly amounts spread over ten years. The Lotto organizers may be willing to give you that onetime all cash lumpsum payout right now. But how much should you ask then? If you ask for million pokecoins as the immediate lumpsum, of course they will toss you out as someone who never even took FIN so you won't ask for that obviously
What lumpsum amount do you ask for and why? Explain the logic behind your calculation. If the Lotto organizers don't follow your logic, they will reject you. Explain and discuss EACH component.
Explain it so they can understand why it makes sense for them to agree. In other words, can it be fair to both sides? Explain the factors the pros and cons of each factor and HOW these factors behave. You know how many factors there are I just repeated it in class a hundred times... Now explain how these behave and why, etc.
What is the amount you are thinking? Again, how can it be transparent and reasonable for both sides? You don't have to have a super exact number, but more a general ballpark number dont be too loose
Anything else RELEVANT you may decide would be of interest to the organizers. But remember, this is FIN not Philosophy or Accounting etc., etc. If you go sideways and explain why you lovedontknow pokemon or want to pay off your student debt, etc., the Lotto organizers don't give a damn. They are business folks and don't care whether it's pokemon or pokebowls, or whether you will spend it to save the rain forests or burn it all on blow and hooch, it's not their concern so don't waste your time writing about that either. Money is money and business is business...
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