Present Value what do you think about the Tn-State Megabucks lottery discussed in the chapter advertising $500.000

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Present Value what do you think about the Tn-State Megabucks lottery discussed in the chapter advertising $500.000 prize when the lump sum option is $250,000? Is it deceptive advertising?

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th Edition

Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan

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Question Posted: Apr 28, 2011 02:29 AM

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Present Value what do you think about the Tn-State Megabucks lottery discussed in the chapter advertising $500.000

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Its deceptive but very common The basic concept ...View the full answer

Fundamentals of Corporate Finance

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