Question: A1 fx A B C E F G H I J K 12 3 4 You have just received notification that you have won
A1 fx A B C E F G H I J K 12 3 4 You have just received notification that you have won the $2 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday (assuming you're around to collect), 80 years from now. What is the present value of your windfall if the appropriate discount rate is 7.5 percent? 10 5 6 Future value $ 2,000,000 7 Years 80 8 Discount rate 7.5% 9 10 11 12 13 14 15 16 17 Complete the following analysis. Do not hard code values in your calculations. Your answer should be a positive value. Present value
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