HRM Homework 2 Chapters 4 and 5 Homework Set #2: Chapters 4 & 5 Due Week 4 and worth 100 points Directions: Answer the following questions on a separate d
HRM Homework 2 Chapters 4 and 5 Homework Set #2: Chapters 4 & 5 Due Week 4 and worth 100 points Directions: Answer the following questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link above. A. You have just won the Strayer Lottery jackpot of $11,000,000. You will be paid in 26 equal annual installments beginning immediately. If you had the money now, you could invest it in an account with a quoted annual interest rate of 9% with monthly compounding of interest. What is the present value of the payments you will receive? B. In your own words and using various bond websites, please locate one of each of the following bond ratings: AAA, BBB, CCC, and D. Please describe the differences between the bond ratings. Identify the strengths and weaknesses of each rating. Homework Set #2: Chapters 4 & 5
Due Week 4 and worth 100 points
Directions: Answer the following questions on a separate document. Explain how you reached
the answer or show your work if a mathematical calculation is needed, or both. Submit your
assignment using the assignment link above.
A. You have just won the Strayer Lottery jackpot of $11,000,000. You will be paid in 26 equal
annual installments beginning immediately. If you had the money now, you could invest it in an
account with a quoted annual interest rate of 9% with monthly compounding of interest. What is
the present value of the payments you will receive?
B. In your own words and using various bond websites, please locate one of each of the
following bond ratings: AAA, BBB, CCC, and D. Please describe the differences between the
bond ratings. Identify the strengths and weaknesses of each rating.
Purchase answer to see full
attachment
