Instructions
Answer the following questions in a separate document. Explain how  you reached the answer or show your work if a mathematical calculation  is needed, or both. Submit your assignment using the assignment link.
This course requires the use of Strayer Writing Standards. For  assistance and information, please refer to the Strayer Writing  Standards link in the left-hand menu of your course. Check with your  professor for any additional instructions.
Please respond to the following:

You have just won the Strayer Lottery jackpot of $11,000,000. You  will be paid in 26 equal annual installments beginning immediately. If  you had the money now, you could invest it in an account with a quoted  annual interest rate of 9% with monthly compounding of interest. What is  the present value of the payments you will receive?
In your own words and using various bond websites, locate one of  each of the following bond ratings: AAA, BBB, CCC, and D. Describe the  differences between the bond ratings. Identify the strengths and  weaknesses of each rating.