4.Suppose you have a winning sweepstakes ticket and you are given the option of accepting...
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4.Suppose you have a winning sweepstakes ticket and you are given the option of accepting $2,000,000 two years from now or taking the present value of the $2,000,000 now. The sponsor of the prize uses a 5% discount rate. If you elect to receive the present value of the prize now, the amount you will receive is Question 4 options: $2,000,000. $1,814,060. $1,869,160. $1,780,000.
6.The market price of a bond is the Question 6 options: principal amount plus the present value of all future interest payments. present value of its principal amount at maturity plus the present value of all future interest payments. present value of its principal amount only. principal amount plus all future interest payments.
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