Your girlfriend just won the Florida lottery. She has the choice of $11,500,000 today or a 20-year annuity of $1,050,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes.
A. 7.69%
B. 6.44%
C. 5.13%
D. 6.58%
E. 5.59%
Answer: D
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Creating global brands requires a different kind of marketing effort than to create one or two national brands
Indicate whether the statement is true or false
A ________ program is a promotional strategy that encourages people to pass along a marketing message to other potential consumers.
A. social media B. direct marketing C. supply chain D. viral marketing E. wholesale marketing
Meijer, a retail chain, carries a full line of food and nonfood items as well as product lines such as small appliances, some furniture, automotive items, clothing, and lawn and garden equipment. Meijer is a(n) _____.
A. supermarket B. warehouse club C. off-price retailer D. discount store E. superstore
Like partnerships, S corporations generally determine their accounting periods and make accounting method elections at the entity level.
Answer the following statement true (T) or false (F)