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17. You have just won the lottery and you will receive 20 annual beginning- of-year payments of $5 million each. If you expect to earn
17. You have just won the lottery and you will receive 20 annual beginning- of-year payments of $5 million each. If you expect to earn a 9% compounded semi-annually, what will be the current value of the lottery payments? O a) $67,966,468 O b) $47,986,467 O c) $97,211,422 O d) $27,956,468 O e) None of the above
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