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tweb28 tweb28
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8 months ago
Your friend just won the lottery. She has the choice of $16,000,000 today or a23-year annuity of $1,180,000, with the first payment coming 1 year from today. What rate of return is built into the annuity?


▸

3.79%



▸

3.18%



▸

4.94%



▸

4.79%

Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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jtarinayjtarinay
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#1
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8 months ago
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tweb28 Author
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8 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
54321abs
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Yesterday
Smart ... Thanks!
macbookpro1
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2 hours ago
This helped my grade so much Perfect
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