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Bob's Lottery Incorporated has decided to offer winners a choice of $ 1 7 0 , 0 0 0 in 1 0 years or some
Bob's Lottery Incorporated has decided to offer winners a choice of $ in years or some amount currently. Assume that Bob's Lottery Incorporated earns a percent aftertax rate of return. What amount should Bob's offer lottery winners currently in order to be indifferent between the two choices? Use Exhibit
Note: Round your answer to the nearest whole dollar amount.
Amount
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