winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 19 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 8% over 19 years. this week the lottery is worth $3 million to a single winner. what would the cash option payout be?

Beta coefficients and the capital asset pricing model personal finance problem katherine wilson is wondering how much risk she must undertake to generate an acceptable return on her porfolio. the risk-free return currently is 4%. the return on the overall stock market is 14%. use the capm to calculate how high the beta coefficient of katherine's portfolio would have to be to achieve a portfolio return of 16%.

The new york stock exchange is an example of what type of stock market?

Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.