Explore BrainMass

# Business Finance: Ethics and Finance

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

1) Why do many business managers feel that ethical behavior is essential to the profitability and survival of their firm?

2) Your Uncle left you a some of money and you need to calculate what is the most fiscally beneficial way to receive your payout. There are 3 options:

1. Take \$10,000 now
2. Take 8 \$2,000 payments at the end of the year for the next 8 years or
3. Take a \$24,000 lump sum payment at the end of 8 years.

If the discount rate is 8 percent, which is the best option?

© BrainMass Inc. brainmass.com June 3, 2020, 11:56 pm ad1c9bdddf

#### Solution Preview

Dear Student,

Thank you for using BM.

Question 2
Compute the present value of each of the option.
Option 1
NPV = \$10,000
Option 2
NPV = ...

#### Solution Summary

This solution provides a detailed step by step explanation of the given business finance problems.

\$2.19