{"id":356,"date":"2017-11-08T11:41:44","date_gmt":"2017-11-08T05:41:44","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/you-have-just-received-notification-that-you-have-won-the-1-4-million-winnings\/"},"modified":"2017-11-08T11:41:44","modified_gmt":"2017-11-08T05:41:44","slug":"you-have-just-received-notification-that-you-have-won-the-1-4-million-winnings","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/you-have-just-received-notification-that-you-have-won-the-1-4-million-winnings\/","title":{"rendered":"You have just received notification that you have won the $1.4 million &#8230; winnings?"},"content":{"rendered":"<p>You have just received notification that you have won the $1.4 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday, 70 years from now. The appropriate discount rate is 8 percent. What is the present value of your winnings?<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[70],"subject":[7],"class_list":["post-356","mcq","type-mcq","status-publish","hentry","topic-the-time-value-of-money","subject-corporate-finance"],"mcq_note":"You have just received notification that you have won the $1.4 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday, 70 years from now. The appropriate discount rate is 8 percent. The present value of your winnings is\u00a0$6,404.20.","mcq_options":[{"right":"no","answer":"$4,288.16"},{"right":"yes","answer":"$6,404.20"},{"right":"no","answer":"$15,309.91"},{"right":"no","answer":"$23,333.33 "}],"multi_answers":"no","subject_terms":[{"id":7,"title":"Corporate Finance","slug":"corporate-finance"}],"topic_terms":[{"id":70,"title":"The Time Value of Money","slug":"the-time-value-of-money"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=356"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=356"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=356"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}