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19. Your girlfriend just won the Florida lottery. She has the choice of $11,500,000 today or a 20 -year annuity of $1,050,000, with the first

19. Your girlfriend just won the Florida lottery. She has the choice of $11,500,000 today or a 20 -year annuity of $1,050,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes

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