Question: 8 points Save Answer Suppose you just won the state lottery, and you have a choice between receiving $3,500,000 today or a 20-year annuity of
8 points Save Answer Suppose you just won the state lottery, and you have a choice between receiving $3,500,000 today or a 20-year annuity of 5300,000, with the first payment coming one year from today. What rule of return is built into the annuity? Disregard taxes a. 5.79% 6.4.84% c. 245% 0.3.67% Ce 5.15%
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