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Amy Brown will receive $1,000,000 in 45 years. The discount rate is 19%. As an alternative, she can receive $800 today. Which should she choose?

Amy Brown will receive $1,000,000 in 45 years. The discount rate is 19%. As an alternative, she can receive $800 today. Which should she choose?

a the 1 million in 50 years

b 600 today

c she should be indifferent

d need more information

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