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can you solve it 4.8 Solving a Lottery Problem (continued) Example 9: Calculating an implied rate of return given an annuity Let's say that you
can you solve it 4.8 Solving a Lottery Problem (continued) Example 9: Calculating an implied rate of return given an annuity Let's say that you have just won the state lottery. The authorities have given you a choice of either taking a lump sum of $26,000,000 or a 30 -year annuity of $1,625,000. Both payments are assumed to be after-tax. What will you do
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