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shepherd shepherd
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8 years ago
If you had just won $5,000,000 from a lottery, describe the advantages and disadvantages of receiving a lump sum today or a ten-year annuity. Discuss other factors that are relevant or needed to make this decision. No interest rate is given, however different interest rates can be assumed if necessary to answer this problem.
Textbook 
Personal Finance

Personal Finance


Edition: 5th
Author:
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tityltityl
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8 years ago
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shepherd Author
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#2
8 years ago
Thank you, this is brilliant Smiling Face with Open Mouth
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#3
8 years ago
My pleasure
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