Multiple Choice
Assume that you went to Las Vegas and hit the jackpot for $5 million.Further assume that you were offered a choice to receive the $5 million today,or receive it in two years.According to one of the principles of finance,which would you take?
A) The $5 million in two years because you would be afraid of spending it all right away.
B) The $5 million in two years because it would be worth more than if you would receive it today.
C) You would be indifferent as to when you would receive the $5 million.
D) The $5 million today because it would be worth more than if you would receive it in two years.
Correct Answer:

Verified
Correct Answer:
Verified
Q37: Managers should not be concerned with business
Q61: A corporate manager decides to build a
Q73: S-type corporations and limited liability companies are
Q74: An investment project is acceptable if the
Q88: Suppose XYZ Corporation is traded on the
Q104: John invested $1,000 in a risky investment
Q105: The five basic principles of finance include
Q113: Capital budgeting is concerned with<br>A) whether a
Q129: Investors will be indifferent between two investments
Q144: Which of the following categories of owners