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1. Peggyann and Bob are holding the winning Lottery ticket for the Georgia Education Enhancement lottery pool. It will be paid to them as an
1. Peggyann and Bob are holding the winning Lottery ticket for the Georgia Education Enhancement lottery pool. It will be paid to them as an annuity over the next 29 years, but they wanttheir money now.
B.J.Wantyormoni, your new boss, is considering buying their Lottery ticket for cash now. He wants you to describe how to value this winning Lottery Ticket. Please do so.
That is, in the context of our class, describe how to value a business asset:
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