You have just won $20 million in a provincial lottery, which promises to pay you $1 million

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You have just won $20 million in a provincial lottery, which promises to pay you $1 million (taxfree) every year for the next 20 years. Have you really won $20 million?

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The Economics Of Money Banking And Financial Markets

ISBN: 9780321584717

4th Canadian Edition

Authors: Frederic S. Mishkin, Apostolos Serletis

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