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A lottery winner was given a choice between a perpetual payment, staring in one year, of $23,000 per year, and a lump sum today of

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A lottery winner was given a choice between a perpetual payment, staring in one year, of $23,000 per year, and a lump sum today of $300,000. If she could invest the cash flows at 6.8 percent, what is the present value of a lottery and what should she do? (Round to the nearest dollar.) O $338,235take the lump sum $338 235, take the lottery $293.103, take the lump sum $293.103. take the lottery

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