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Title: You have a choice between a lottery lump sum payout of $10,000,000 today or a series of twenty-five ... Post by: stranahan on Nov 20, 2016 You have a choice between a lottery lump sum payout of $10,000,000 today or a series of twenty-five annual annuity payments (first payment one year from today). At a discount rate of 6.50%, how large must the annual annuity payments be to make you indifferent between the two choices?
A) $819,814.81 B) $769,779.17 C) $873,102.77 D) $400,000.00 Title: Re: You have a choice between a lottery lump sum payout of $10,000,000 today or a series of ... Post by: flappunctual on Nov 20, 2016 Content hidden
Title: Re: You have a choice between a lottery lump sum payout of $10,000,000 today or a series of twenty-five ... Post by: stranahan on Jan 6, 2017 Thanks ^-^
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