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6. Congratulations! You have just won the Baruba Lottery valued at $10 million! Under lottery rules, you have been given the option of accepting a

6. Congratulations! You have just won the Baruba Lottery valued at $10 million! Under lottery rules, you have been given the option of accepting a one-time lump-sum payment of $5.3 million today or equal annual payments of $275,000 for the next 20 years. The appropriate discount rate is 4%. Which option should you select?

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