1. Discuss whether or not managers of investor-owned providers focus exclusively on a project’s market risk.
2. Therese wins a million- dollar lottery. She has 3 options for collecting her winnings. (1) She can receive it all today. (2) She can receive $1.02 million in one year. (3) Or she can receive $1.025 million in 3 years from now. Which option of collecting winnings should Therese choose if she faces a monthly interest rate of 0.15%?