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Bob Lottery Inc has decided to offer winners a choice of $210,000 in 10 years or some amount currently. Assume that's Bobs Lottery Inc earns

Bob Lottery Inc has decided to offer winners a choice of $210,000 in 10 years or some amount currently. Assume that's Bobs Lottery Inc earns a 10 percent after tax rate of return. What amount should bobs offer lottery winners currently? In order to be indifferent between the two choices?

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