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Assume Bert has a lottery choice of $ 1 , 0 0 0 , 0 0 0 per year for 1 0 years or $

Assume Bert has a lottery choice of $1,000,000 per year for 10 years or $10,000,000 today. If Bert makes the correct choice and chooses the annuity, what do you know about his required return? What would Bert's required return be if he was indifferent between these two options?

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