After winning the lottery, you can choose an after-tax lump sum of $347 million today or payments

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After winning the lottery, you can choose an after-tax lump sum of $347 million today or payments of $33,456,789 at the end of each of the next 30 years. At what interest rate would you be indifferent in the 2 options?

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Introduction to Corporate Finance What Companies Do

ISBN: 978-1111222284

3rd edition

Authors: John Graham, Scott Smart

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Posted Date: Apr 18, 2024 10:15 AM

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After winning the lottery, you can choose an after-tax lump sum of $347 million today or payments

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Introduction to Corporate Finance What Companies Do

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