Two (2) Page Paper in Financial Management

Two (2) Page Paper

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 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.

C. Cite Two (2) quality references

Rubric:

1. Thoroughly calculated the present value of the payments
that would be received.

2. Thoroughly located one of the following bond ratings:
AAA, BBB, CCC, and D. Completely described the differences between the bond
ratings. Thoroughly identified the strengths and weaknesses of each
rating.

3.Two quality
references