Assume That You Went to Las Vegas and Hit the Jackpot

question 89

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

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Definitions:

Celebrating

The act of acknowledging and joyously noting an event or achievement with festivities or other expressions of happiness.

Religious Accommodations

Religious accommodations are adjustments to the work or school environment, or in policies and practices, to allow individuals to observe and practice their religious beliefs.

Main Components

Fundamental elements or parts that make up a system, device, or concept, serving as its basic building blocks.

Interfaith Marriage

A marriage between individuals of different religious beliefs, often involving discussions on religious upbringing for offspring.