Suppose That Clint Wins a Lottery Jackpot of $300 Million

question 41

Multiple Choice

Suppose that Clint wins a lottery jackpot of $300 million.He can receive it over the next 30 years in annual payments of $10 million, or he can receive a lump sum of $100 million immediately.Assuming that taxes are not a consideration, should Clint take his winnings as a lump sum?

• A)Yes, but only if rapid inflation is expected over the next 30 years.
• B)Yes, but only if deflation is expected over the next 30 years.
• C)No, the rate of return will always be higher with the 30 annual payments.
• D)Yes, if he can invest in financial assets that will yield greater returns than the interest rate implicit in the annual payments.

---

Definitions:

Résumé

A document presenting an individual's work history, skills, and educational background to prospective employers.

Multimedia Capabilities

The feature of devices or platforms to support various types of media content including text, audio, video, and graphics, enhancing user experience.

Online Résumés

Digital versions of one's professional qualifications, experience, and skills, typically hosted on websites or job platforms to attract employment opportunities.

Social Media Résumé

A type of résumé that includes social media links and content showcasing the applicant's skills, work, and personality online.