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Congratulations! You just won the FIN Lottery! Which of the following options is most valuable if interest rates are 8%? Lump Sum of $10 million
Congratulations! You just won the FIN Lottery! Which of the following options is most valuable if interest rates are 8%? Lump Sum of $10 million today 5 annual payments of $2,400,000 beginning immediately 10 annual payments of $1,400,000 beginning immediately. 20 annual payments of $800,000 beginning immediately
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