Question

Congratulations! You’ve won a state lotto! The state lottery offers you the following (after- tax) payout options:
Option # 1: $ 15,000,000 four years from now
Option # 2: $ 2,200,000 at the end of each year for the next five years
Option # 3: $ 11,000,000 three years from now Requirement Assuming

Requirements
Assuming that you can earn 10% on your funds, which option would you prefer?



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  • CreatedAugust 27, 2014
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