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A lottery winner must decide between receiving $5,000 at the end of every month for 10 years or one lump sum of $1,000,000 after 10

A lottery winner must decide between receiving $5,000 at the end of every month for 10

years or one lump sum of $1,000,000 after 10 years. What semiannually compounded nominal

rate of interest would make the two options equal in value?

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